Financial and administrative management
Which elements can benefit from financial management?
All elements of the fleet can benefit from financial management. It can be activated by default from Setup > General > Assets > Enable the financial and administrative information by default
What types of information are available?
Financial management is divided into 3 groups:
Asset lifecycle
Order date
Date of purchase
Delivery date
Startup date
Date of last physical inventory
Decommission date
Financial and administrative information
Supplier
Budget
Order number
Immobilization number
Invoice number
Delivery form
Value
Warranty extension value
Account net value
Amortization type
Amortization duration
Amortization coefficient
TCO (value + tracking cost)
Monthly TCO
Business criticity
Comments
Warranty information
Start date of warranty
Warranty duration
Warranty information
Alarms on financial and administrative information
How is administrative and financial information calculated?
The compulsory information is as follows
Value: Monetary value of the assetAmortization type: Linear or decreasingAmortization duration(in years)Amortization coefficient
For a linear asset:
The Net Asset Value is calculated using the following fields:
The value of the asset
Amortization period
The Start date of warranty OR Startup date
The Startup date takes precedence over the Start date of warranty so that both values are met it is the commissioning date that will be taken into account.
For declining balance assets:
The Net Book Value is calculated using the following fields:
The value of the asset
The Amortization period
A Amortization coefficient greater than 1
The start date of warranty
What is TCO?
TCO (Total Cost of Ownership) is the overall cost of ownership.
The TCO is the sum of the value of the item and the different tickets linked to this item in which a cost has been set.
The monthly TCO is the TCO divided by the number of months elapsed since the date of purchase (number of months in use).
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