
DataLab PANTHEON - Fixed Assets
The Fixed Assets module of PANTHEON™ records business events regarding acquisition, use, and disposal of fixed assets.
The register of fixed assets tracks all information and history of fixed assets, from activation to disposal.
The history of value adjustments contains data on downward and upward revaluation of fixed assets.
The history of fixed asset relocations is recorded, as well as their assignment to employees. Fixed assets that are machinery or implements can have a history of repairs and inspections.
The calculation of depreciation can be made for all or individual fixed assets, and, when confirmed, saved in the register. The calculation takes into account downward and upward revaluation.
Posting of all events (value adjustments and depreciation calculations) into the general ledger is done automatically. The accounts are set in the depreciation groups and the register. It can be set whether posting should take into account departments and cost centers.

Detailed Treatment
- automatically transfer the acquisition of fixed assets and small tools from the incoming document into the fixed asset register and small tools register,
clone identical fixed assets in the fixed asset register, manage the fixed asset register by departments and cost drivers, revaluation of fixed assets, disposal of fixed assets with automatic reversal of downward or upward revaluation, printouts of the fixed asset register, small tools register, disposal of fixed assets, etc., automatically calculate depreciation for all or individual fixed assets, for any period (year, month), overview of depreciation by accounts, groups, inventory numbers, departments and cost drivers, reverse depreciation calculation and restore the state before the calculation, automatic posting of changes in the fixed asset register and small tool register, as well as depreciation calculation, inventory of fixed assets and small tools with barcode scanner and import of acquired data for further processing, documentation management, tracking repairs and inspections, equipment assignment.
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