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proALPHA Fixed Asset Accounting

Convenient Fixed Asset Management for Sound Investment Decisions

proALPHA Fixed Asset Accounting (Symbolic picture)

Fixed assets are an essential part of a company's operating assets. Accountants therefore rely on up-to-date information on current fixed assets and their development. proALPHA ERP provides workflows to support efficient fixed asset management and ensures compliance with legal regulations.

Since fixed asset accounting is integrated in the comprehensive ERP solution, master files such as G/L accounts, cost objects, cost centers and projects are readily available and redundant data are avoided.

Efficient Processes Thanks to WorkflowAutomation and Document Management

Fixed asset management is included in global WorkflowAutomation. If a predefined event occurs, corresponding information is automatically forwarded, for example, when a machine is acquired and the invoice is posted in financial accounting. Accountants receive an automatic notification and can check the original invoice in the Document Management System.

Versatile Deprecation

proALPHA Fixed Asset Accounting features all kinds of depreciation methods, be it linear, multilevel or output depreciation. The depreciation base as well as the start and type of depreciation can be freely defined. Calculation bases can be set depending on the respective book.

It is possible to depreciate fixed assets with either a commercial, fiscal or imputed book, or to use these books in parallel. When the depreciation amounts are calculated, the corresponding postings are automatically forwarded to financial accounting and cost accounting. This is one of the advantages of an integrated system: it synchronizes fixed asset analyses, balance sheets and profit and loss statements.

Powerful Fixed Asset Inventory

proALPHA offers powerful functions for statutory stock-taking. Examples include predefined count sheets, barcodes and info programs displaying the results of stock-taking in chronological order. They ensure fast and precise stock-taking.

Indexed Replacement Values

Future investments are entered as planned assets. Accountants can determine in advance how future acquisitions will affect the balance sheet and which depreciation they will cause. The related calculations are based on replacement values, which allow future increases in value to be included in current planning. The asset-specific indexes stored in proALPHA ERP can be used to determine the replacement values of fixed assets.
Simulations enable accountants to map different scenarios and help them make sound decisions.