Asset Accounting - I |
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Fixed assets of your corporation bear financial value throughout
their economical lives. Fixed assets influence your accounting
transactions until their lifetimes are over with depreciation
and revaluation actions in basic. Amendments on legislation
in particular associated with inflation accounting made it difficult
to follow financial functions of fixed assets. In addition,
the following reasons are also difficulties for fixed asset
actions:
- Transacting fixed assets in different periods within a
year
- Using different methods of depreciation for different
types of fixed assets
- Changing the depreciation method throughout the lifetimes
of some fixed assets
- Difficulty of using revaluation and inflation correction
coefficients in mathematical operations
- Following fixed asset operations with numerical terms
large in number and the difficulty of reporting arising
there from.
We created CANIAS ERP Fixtures Accounting Module to enable
to overcome the above difficulties and to offer a "flawless"
solution.
You can follow fast and reliably your fixed assets due to
CANIAS ERP Fixtures Accounting Module and you can enable
easy accounting for fixed asset operations.
It is possible to group fixed assets for different types
and correlate by defining different methods of depreciation
within the module. You can change depreciation module by
time. You can independently realize revaluation or inflation
correction operations according to the respective companies.
Accounting records regarding revaluation, inflation correction
and depreciation allotment for the fixed assets are automatically
created thanks to fixed assets module.
You do not have to make an addition operation on finance
module for fixed asset operations as fixed assets module
directly work in an integration with finance module.
Comprehensive Functionality and Integration with CANIAS ERP Fixture Accounting
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