ERP – Fixed Assets, Goods/Materials, and Services

bencom-admin 01.11.2024. 3 min read

Modules Fixed Assets, Goods/Materials, and Services in Abacus ERP: Efficient Business Management

Abacus ERP is a comprehensive software solution that allows companies to automate and optimize business processes. Here, we would like to present three key modules: Fixed Assets, Goods/Materials, and Services, which enable efficient management of assets, inventories, and services.

Fixed Assets Module (Tangible Assets)

The Fixed Assets module simplifies the management of a company’s tangible assets, tools, and inventory. It allows for the entry of assets, depreciation calculations, write-offs, as well as their purchase and sale.

Example: purchasing a company car for official use is entered as the acquisition of a fixed asset, which is automatically posted, and the documents are archived and can be viewed at any time. After posting, the user receives an order that appears in the general ledger, gross balance sheet, and financial reports. The integration of this module with the Finance module ensures full transparency and connectivity between different parts of the ERP, reducing errors and increasing control over assets.

Goods/Materials Module

The Goods/Materials module offers options for entering item codes, grouping items, pricing, and working with various documents such as goods receipts, internal transfers, delivery notes, and work orders. It enables easy tracking of goods receipts, internal movements, and expenditures through integrated functionalities.

Additionally, the module offers options for calculations, such as price changes and inventory counts, as well as detailed reports on stock status, values, and quantities. Features like vehicle entry and route creation help streamline distribution and transport through efficient logistical planning.

Services Module

For companies providing services, this module enables easy entry of invoices and a view of all billed services. This process can be further automated with the periodic billing option, allowing companies to automatically invoice large numbers of items for clients every month. Companies with thousands of clients can enter unique billing values, and the system will automatically process these items each month and fiscalize the invoices.

The module also provides the ability to define various services and their tariffs, enabling companies to track their service activities accurately and optimize the billing process.

By using the Fixed Assets, Goods/Materials, and Services modules within the Abacus ERP software solution, companies can significantly improve control over their business processes, reduce administrative costs, and increase efficiency. These modules are tailored to the specific needs of different industries, allowing them to manage fixed assets, inventories, and services in a simple and clear way.