

The module kVASy - Assets Accounting manages and documents all assets of a company. The assets are recorded in different depreciation records with reference given to certain aspects of taxation, commercial law and calculation models. The hierarchical structure of the characterisation system and the freely definable grouping function ensure easy operability. A system of documentation allows for the reproduction of the state of any asset. All relevant data are made available online through the integration in the kVASy - Data Pool. The high degree of integration to the kVASy - modules General Ledger, Cost and Budget Accounting, Order Management and Accounts Receivable guarantee an efficient flow of business processes. For simulation purposes, existing and planned assets are consolidated in the planning books. In addition to commercial goods, subsidies and funding can be administered and processed as well.
A single asset can be distributed by apportioning it into several assets. Vice versa, several assets can be merged together under certain terms and conditions to form a single asset.
The computation of calculative depreciation and interest takes place with regard to equity shares and external capital shares. The indices necessary for the indexing and the associated indices for the calculation of replacement values of assets can be automatically imported.
Insurance can be created and administrated for the assets. After the automatic import and allocation of the price indices, the insurance values for the assets can be calculated.
kVASy - Assets Accounting offers extensive functions for handling mass data. In addition to the automatic depreciation runs for low-value assets (inferior assets) possibilities exist to effectively change aspects such as the locations or the cost centres for a large number of assets.
Existing and planned assets can be collected in planning reports. In addition to the normal determination of depreciation models, it is possible to develop different selection, replacement or expansion scenarios with respect to taxation or calculatory aspects for the assets.