Fixed assets

An easy-to-use, automatic and flexible fixed assets module. You can create fixed asset cards both manually and directly from the purchase invoice. Fixed assets depreciation is 100% automatic regardless of the depreciation settings. When it is time to write off or sell fixed assets, entries for these transactions are also automatically made by SimplBooks. In addition, you can always recalculate depreciation on fixed asset cards, either partially or for the entire history.

  • register of fixed asset cards
  • calculation of fixed assets depreciation
  • automatic depreciation entries
  • automatic entries for write-offs and the sale of fixed assets

Automatic entries

With SimplBooks, you do not have to worry about depreciation entries. The system automatically prepares the necessary depreciation entries at the appropriate time. Entries related to the write-off and/or sale of fixed assets are also automatic. All you have to do is enter the correct date or sales invoice.

Recording fixed assets with a purchase invoice

Recording fixed assets, ie creating a fixed asset card, is also easy. Simply enter the purchase invoice and confirm the rows for which you want to create a fixed asset card. If you wish, you can change a number of settings on the automatically created fixed asset card. And if this option is not for you, you can also create a fixed asset card manually.

Marit Meierau, accountant (Randemar OÜ)

‘I find SimplBooks to be a very logical program. It was easy to learn and performing various actions is convenient. I use a large part of its functionality – sales, purchase, salaries, expense reports, fixed assets, accounting reports. All data can be filtered, which makes finding information quick in any field. The bank interface is such a convenient function – you no longer have to download the bank file, as everything is automatic. It links invoices paid from the bank with the client, all you have to do is approve it. Expense reports are also conveniently located in one place. The connection with the Tax Board is a very handy tool – it saves on clicks and time, and allows you to submit tax returns to the Tax Board in a single click.’

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