In the Equipment module it is enabled to acquire data and make an income statement of the company's fixed assets and its small tools. In addition it enables us to show assets together with the inventory numbers and events related to them as well as depreciation and revaluation.

Posting to the general ledger is performed automatically by accounts which are predefined in the Fixed Assets and Small Tools registers.

Before using the Equipment module to calculate depreciation, registers should be created and supplemented: 

• Depreciation Categories register  
• Revaluation Categories register (from 01.01.2002 not in use anymore)
• Fixed Assets Status 
• Fixed Assets Activity-based Status
• Fixed Assets Categories  
• Location register

In addition you may create:

• Fixed Assets register
• Small Tools register

Depreciation may be calculated via the menu choice

• Depreciation Calculation

and the inventory count for fixed assets via the menu choice

• Inventory Count

For examples of reports prior to the 1st January 2002 see:

• Examples of Depreciation/Revaluation Calculation and Posting
• Accelerated and Activity-based Depreciation

and related topics or examples:

• Fixed Assets Acquisition
• Real Estate Purchase
• Sale of Fixed Assets