Solwit

Fixed Asset Accounting Module

Fixed assets and inventory module for the management and control of company assets.
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System options

Fixed asset register

A catalog with detailed information about each asset: acquisition value, location, responsible person, type of depreciation, etc.

Acceptance and issuance of fixed assets

Acceptance of fixed assets into operation – registering the acquisition value, accounting accounts, responsible person, and initial depreciation parameters. Issuing fixed assets for use – recording the transfer to employees or structural units, with the option of indicating the location and responsibility.

Relocation and write-off

The move and write-off function makes it easy to rearrange assets between structural units or remove them from the accounts.

Automated depreciation calculation

Option to calculate depreciation using the selected method (straight-line, accelerated, based on hours worked, etc.), with automatic reflection in the accounting system.

Inventory

Inventory support – fixed assets can be marked with stickers, and inventory can be carried out using barcode scanners, which allow quick and accurate comparison of actual data with information in the system.

Repair and modernization accounting

All costs related to the fixed asset, such as repairs or improvements, can be recorded in the system. If significant improvements have been made to the asset, the system automatically extends its useful life and renews its value.

Automation of accounting

All fixed asset transactions are automatically recorded in the appropriate accounts, reducing manual work and the risk of errors. Data export to external systems such as Wall is also available.

Reports and analytics

The module provides detailed reports, such as depreciation analysis in various dimensions (by accounts, persons, categories, etc.), fixed asset turnover (purchase and sale transactions), as well as inventory reports. Clear reports on the status of assets, their location, responsible persons, and investments are available, ensuring complete control and transparency.

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Want to get to know the system?

The easiest way to get to know the system is to book a demonstration for your company. Book an appointment and find the most effective one for your business together with the experts!

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Roberts
Roberts Customer Relations Manager