Fixed Asset

Fixed asset depreciation and valuation management.

Fixed asset module, is an important component of Workcube ERP Finance & Accounting solution. From the purchase of a fixed asset to its redemption, it provides for depreciation and value transactions using various methodologies. It provides monitoring and management integrated with accounting records.

Features
Depreciation accounts and physical asset tracking
Detailed fixed asset analysis and reports
Easy adaptation to changing tax and accounting requirements
Asset valuation using different currencies
Flexible system for adding, transferring, valuation and deprecation of fixtures' records
Easy-to-use information entry and fully automatic fixture valuation function
Comprehensive fixtures settlement, cost, obligation and insurance information recording, analysis and management in an integrated structure with Workcube Physical Asset Solution
Possibility to use an unlimited number of depreciation methods for each fixture

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All information about your fixed assets on one screen!

You can depreciate your fixed assets in annual, quarterly or monthly periods. Workcube supports different depreciation methods such as decreasing balance, fixed amount, accelerated decreasing balance, accelerated fixed value. All information about your fixed assets is reported and managed on a single screen with all its details and history.

All functions together for accounting of your tangible or intangible assets!

The fixed asset module offers all the functions you need in terms of accounting follow-up such as the purchase, sale, transfer and valuation of your fixed assets. However, Workcube does not approach fixed assets only with an accounting focus. With its 100% integrated structure with the Workcube Physical Asset solution, all information and records in the life cycle of fixed assets such as breakdown tracking, maintenance, insurance, and warranties are managed comprehensively.

Report the current values of all your assets with Fixed Asset Analysis!

Fixed Asset Analysis Workcube is readily available in standard reports and automatically reports all the valuation and depreciation and current values to which the fixed asset is subjected throughout its life cycle, starting with a fixed asset purchase invoice. It allows you to view the initial value, final value, depreciation rate, useful life, accumulated depreciation, total allocated depreciation and many similar data on a single screen of all fixed assets registered in your system.

According to the IDC Commercial Software Taxonomy research, in order to be compatible with the digital economy, you must have a secure and scalable infrastructure with 33 main software under 7 titles.

Workcube offers 28 main software on a single platform. It brings together 33 components with Google Workspace. CAD-CAM and engineering applications are integrated, strengthening your digital muscles!