Asset entry flexibility:Depreciation entry selection methods include:. No prior depreciation - normalmethod of depreciating an asset. Upgrades / additions available to licensed usersAnnual Maintenance is not required to continue to use the softwarebut is required for support/updates/upgrades after initial 6 monthsAnnual Maintenance Renewal (Optional)Includes Upgrades and Support(After Initial Period)Additional UsersSingle Client/CompanyMultiple Clients/Companies1 Year2 Years1 User2 Users1 User2 UserSingle User Versions$125.00$225.00$125.00$225.00$125.00$225.00Multiple User Versions$175.00$325.00Upgrade Single Company to Multiple Company$150.00.

1. Fixed Asset Management Software Open Source
2. Depreciation Programs Fixed Assets
3. Asset Depreciation Programs

Getting StartedWe’ve included a few instructions here to help you get started with the tool, and the download link is included below. In fact, this article is the perfect side-kick to our other article on what depreciation is and why it matters. So be sure to too.The tool has two tabs, one for the straight-line, and one for reducing balance method. For straight-line depreciation you’ll first need to fill in the “Fixed Asset Information” box in the top left (just under the Zervant logo).

This includes:. The value of the asset when it was purchased.

Its’ expected lifetime (in your business). And an estimated residual value.Warning!

Fixed Asset Management Software Open Source

Depreciation Programs Fixed Assets

Asset Depreciation Programs

Be sure not to enter anything in the grey box. This contains a formula that will calculate the asset’s annual depreciation, based on the information you provide.The tool will then automatically fill out the “Straight-line Depreciation Table” for you. It will provide information for the number of years you have stated as the “expected lifetime” of the asset eg. If you’ve written 5 years the tool will provide 5 rows of data.

It can calculate up to a maximum of 20 years.If you need a figure for reducing balance depreciation, switch to the appropriate tab at the bottom. Then follow exactly the same procedure as above – fill in all the fields in the “Fixed Asset Information” box in the top left. (There is no grey box in this formula, as annual depreciation is not a constant figure when using the reducing balance method.) The tool will calculate everything else for you.