CompanyBelgium
ERP module

Fixed assets & depreciation

Maintain the Belgian fixed-assets register: acquisitions, straight-line or declining-balance depreciation plans, depreciation entries and disposals.

What you can do

Compliant with Belgian tax rules (prorata temporis, optional declining-balance method).

  • Detailed register

    Inventory number, category, acquisition date, original value, useful life and depreciation method.

  • Depreciation plans

    Straight-line or declining-balance (Belgian coefficient), prorata temporis the month of acquisition.

  • Automatic postings

    Annual or monthly depreciation entries generated automatically into the miscellaneous journal.

  • Disposals & write-offs

    Automatic net book value, gain/loss calculation and exit entries.

How it works

From purchase of a fixed asset to its removal from the balance sheet.

  1. 1

    Register the asset

    From a supplier invoice or by manual entry — choose the category and useful life.

  2. 2

    Validate the plan

    The depreciation plan is computed automatically — fine-tune it if needed.

  3. 3

    Post & dispose

    Depreciation is posted automatically each period; on disposal the result is calculated.

Need help getting started?

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