Registering and managing your assets is easy. A new asset can be registered immediately while making an entry 350-018 in your purchase journal. All assets movements are linked to financial transactions to ensure completeness of the financial transactions. Once creation of the assets takes place, the monthly depreciation entries are calculated and created automatically. Exact Software’s solutions support numerous depreciation methods and come with features such as revaluation, disposal and modification of assets. Each asset 640-801 has an asset card that lists historical transactions resulting in easy traceability.
Exact Software’s add-in feature, E–Excel add–in provides a dynamic link between Exact products and Microsoft Excel. This functionality is not restricted to the financial accounting packages. This link allows you to generate your own overviews and make your own calculations using the data in your Exact database, without having to re-key or export it.
Accounting for foreign currency transactions in both the foreign and home currency is an inherent part of 640-816 customer and vendor facing functions as well as functions throughout Accounts Receivable, Accounts Payable and General Ledger.
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