Depreciate your assets, without doing the math by hand
Register your fixed assets —furniture, machinery, vehicles, equipment— and calculate depreciation with 5 different methods. Simulate before you decide, let the journal entry post itself each period, and dispose of an asset with the result already calculated.
- 5 depreciation methods
- Simulator
- Automatic journal entries
- Asset disposal
Fixed assets
+ New assetAssets
48
Depreciation (month)
€3.240
Net value
€186k
Depreciation calculated, not improvised
The usual problems
Depreciation spreadsheet
Calculating each asset's charge by hand month by month in a separate sheet.
Method in the dark
Choosing the depreciation method without knowing how it affects the year's result.
Forgotten entries
Forgetting the monthly depreciation entry and throwing the close off balance.
Outdated net value
Not knowing what your fixed assets are worth today without recalculating by hand.
Miscalculated disposals
Disposing of or selling an asset without correctly calculating the gain or loss.
How Zynvio solves it
Register fixed assets
Furniture, machinery, vehicles and equipment, with purchase date, acquisition value, useful life and residual value.
5 depreciation methods
Straight-line, declining balance, sum-of-the-years'-digits, units of production and free depreciation, depending on the asset and your criteria.
Depreciation simulator
Compare the schedule and the charge of each method before applying it to an asset.
Depreciation schedule per asset
Full calendar with the charge, accumulated depreciation and net book value in each period.
Automatic journal entries
The periodic depreciation entry posts itself, without creating it by hand each month.
Live net book value
The up-to-date value of each asset and of total fixed assets, always current.
Asset disposal and sale
Dispose of or sell an asset with automatic calculation of the gain or loss.
Linked to the general ledger
Each asset is associated with its PGC fixed-asset and depreciation accounts, with the entry already balanced.
Connect your tools via API
Fixed assets don't live apart from your accounting: every movement posts itself in the general ledger.
- Each asset is associated with its PGC fixed-asset and depreciation account.
- The depreciation entry is posted directly to the general ledger.
- The net book value of fixed assets feeds the balance sheet.
- The disposal or sale of an asset generates its entry with the gain or loss already calculated.
Automate your workflows
Less manual work at every month-end close.
- The periodic depreciation entry is generated automatically, without creating it each month.
- The depreciation schedule recalculates if you change the method or the useful life.
- The net book value updates at each close with no manual intervention.
- When you dispose of an asset, the result is calculated and posted automatically.
Who it's for
SMEs with machinery
Depreciate each machine with the method that best reflects its use.
What you gain
Depreciation calculated for you, without separate spreadsheets.
Simulate before deciding the method that suits you best.
The depreciation entry is generated automatically each period.
The net book value of your fixed assets, always current.
Asset disposals and sales with the result already calculated.
Frequently asked questions
Which depreciation methods does it support?
Five: straight-line, declining balance, sum-of-the-years'-digits, units of production and free depreciation. You choose the one that best reflects the real use or wear of each asset.
Can I simulate depreciation before deciding?
Yes. The simulator compares the schedule and the charge of each method before applying it, so you can choose with judgment.
Are depreciation entries generated automatically?
Yes. Each period Zynvio generates the depreciation entry in the general ledger, without you having to create it by hand.
What happens when I dispose of or sell an asset?
The gain or loss is calculated by comparing the net book value with the sale or disposal price, and the corresponding entry is generated.
Can I see the net book value of my assets in real time?
Yes. Each asset and the total fixed assets show their updated net book value at all times.
Explore more modules
Turn your operation into a connected system
Request a demo and see Zynvio in action.