DBSoft Fixed Assets

The Fixed Assets system has the goal of supporting the activities that are necessary to inventory, value and update the movements of fixed assets that take place in one or more companies. This involves supporting the administration of an inventory constantly updated of the different goods that take part of the Fixed Assets, with the description and individualization of the responsible unit of its custody, considering the ups, downs and transfer movements that affect them.    

The system is 100% compatible with the local legislation, administering the franchise of the 6%. It also provides financial, tributary valuations and IFRS. In this regard, we care for our product to cover the requirements specified in the NIC 16 concerning: recognition and initial valuation; revaluation, determination of the countable balances (historical cost or revaluation); disintegration of the cost of an asset in components and loss’ reflection by deterioration of fixed asset, among others.

The system organizes the information of the assets into common information to several assets (invoice provider, useful life, initial value, classification) that is entered at the moment of the incorporation of the assets (purchase) and of specific information of each one of the items (cost center, assigned person, location, etc.).

It allows the configuration of the countable centralization for all the classifications of the assets by different countable proofs generated:

• Financial monetary correction of the month.
• Financial Depreciation of the month.
• Monetary correction Financial Depreciation of the month.
• Sales and Financial Reductions of the month.
• Tributary Monetary correction of the month.
• Tributary Depreciation of the month.
• Monetary correction Tributary Depreciation of the month.