Promptu Fixed Assets IFRS Stay in compliance with reporting IFRS requirements.
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Promptu Fixed Assets IFRS Ranking & Summary

Promptu Fixed Assets IFRS Tags

Promptu Fixed Assets IFRS Description

Key Features Multiple Amortization Method: straight Line, declining balance, and multiple declinging balance depreciation calculations. Componentization: Record each component of the asset separately. Tracking Changes at the Component Level: Account for changes in estimates (i.e. change in useful life, residual value, depreciation method). Component Addition and Disposal:Account for component additions and disposals. Calculate gains or loss from components' disposal or sale. Impairment Addition and Reversal: Record impairment and reverse previously record impairment. Rich Reporting Capabilities: Generate fixed assets continuity reports on demand for any period (including past and subsequent periods). Multi-Company Support: Add as many companies, subsidiaries or clients as needed with the ability to manage and report each subsidiary's assets separately. Accurate Component Depreciation: Calculate depreciation for each component separately.

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