Cologne
North Rhine-Westphalia
50968
Germany
TOP reasons for independent asset accounting
Profitability Analysis and Yield Optimization
The third largest item in the income statement is more variable than expected and thus represents a great potential for yield optimization. At the end of the year, the depreciation of some fixed assets is being redefined. With an independent asset accounting, the depreciation type and / or the maturity can be varied.
Cost allocation and investment planning
The current cost distribution results in an exact yield analysis. In order to determine the investment volume, the costs for future financial years are to be determined. When creating these evaluations, there will often be a desire for a what-if analysis. A regular asset inventory serves both to secure the stock and to provide replacement and provides crucial information for the investment release in the area of fixed assets.
Archiving and interfaces
The amendment to the legislation has significantly changed the requirement for an accounting system. Therefore, archiving for the e-balance sheet has become a central part of the accounting process. In addition, the use of spreadsheets is a must when graphing large numbers of data.
International accounting and business valuation
The International Accounting Standard (IFRS) and the national income tax guidelines are the main drivers for the preparation of several parallel prepared balance sheets with different structures and different figures.
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