Fixed Assets
One asset depreciates into three books at once, so the tax base and the financial statement never drift apart.
- 01 Asset class
- 02 Valuation book
- 03 Rate catalogue
- 04 Asset record
- 05 Depreciation plan
- 06 Accrual
- 07 Disposal
Tokuva's fixed asset module manages asset classes, valuation books and the depreciation rate catalogue. Statutory, IFRS and inflation-adjustment books run in parallel; each calculates its own depreciation and produces its own posting proposal. Disposal gain or loss is calculated automatically.
Capabilities
Asset classes
Six ledger account roots with default method and useful life.
Parallel books
Statutory, IFRS and inflation adjustment, with at least one statutory book required.
Rate catalogue
Date-effective lives and rates, snapshotted onto the asset at capitalisation.
Pro-rata rules
Passenger cars depreciate pro rata; land is defined as non-depreciable.
Bulk runs
One book and period across all active assets into a single batch journal.
Disposal
Sale or scrap with gain and loss distributed to the right accounts.
Rates are date-effective
The depreciation rate catalogue is held as date ranges. When legislation changes, the old rate is not overwritten; a new row is added. Capitalising an asset snapshots the rate and life of that day onto the record, so a later change cannot disturb existing assets.
Related
Other modules
See it on your own flow, not a slide deck
Give us three of your items, one of your structures and one of your customers. We will run a single end-to-end flow on your data — order, production, shipment, invoice, ledger.