Complete integration

Asset accounting is not just adapted, but integrated. Then only a process that develops capital assets and integrates assets development and profitability provides consistent figures for a comprehensive financial plan in relation to the balance sheet.

As many evaluation schemes as you wish

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The right assessment of the capital assets

Today, every merchant basically has to have three different views of the capital assets:

  • commercial law
  • tax law

The expediency of both of these approaches is without question. A treat for both accountants and controllers alike is receiving a tax balance sheet as well as a trade balance sheet for any key date at the push of a button (literally) and at all times without having to transfer any entries. However, the

  • imputed assessment

is also necessary. For example: you would like to enter the replacement value of an investment you bought at an insolvency sale for £1,000, but which is valued at £20,000, into a P&L balance sheet.

If you do business in Europe and your German company is completely or partially organised, for example, in accordance with English laws, from your German account and at the push of a button, you can even call up

  • all German balances sheets and financial statements,
  • current call date statements at all times,
  • as well as all the English classifications

This all takes place with no further reclassification and whenever you wish. How to approachFind out more

RediPro assets accounting

Assets accounting with RediPro© differs from the usual accounting systems in that it does not require a sundry account.

All assets are opened in an account type “Assets” as quite “normal” accounts. Here, accounts do not differ from, e.g. real accounts. In the sum, all values of assets will be automatically summarised in the account type “real accounts”.

By assigning depreciation formulae, accounting depreciation is carried out automatically.

Transactions

At the time of accounting, the asset to be set up is already included in the integrated assets accounting, as are disposals and write-ups.

Valuations

Whether according to tax law, trade law, IAS or any other valuation method… You can run any number of evaluation methods in parallel. The figures from the different valuation methods will be incorporated into the appropriate balance. Any number of balances can be created.

Depreciation methods

You can create and use your own methods independent of the methods that have already been prepared for you. With this method, specific features such as special regulations with regard to special measures, creating special items, as well as asset write-downs, can easily be considered. No programming necessary for international, country-specific features. Settings can easily be changed for special requirements.

Depreciation forecast

Dynamic, either as expenditure in the spreadsheet or as scheduled entry for budgeting scenarios without time limits.