Plant & Equipment

In the Plant & Equipment screen you enter the investments that you plan to make in plant, equipment and other fixed assets, e.g. production machinery, office furniture, etc.

The columns that the Plant & Equipment table includes are as follows:

Description: Enter the Description of the investment.

Depreciation Years: Enter the depreciation period, in years, by which the investment is depreciated. Depreciation is calculated by the Straight-Line method.

Currency: The currency in which the investment is paid. The currency code is selected from a drop down list of currencies entered in the Currency Table.

VAT Rate or No VAT: If the 'Specify VAT rate for each Expense type' in the General Data screen (VAT tab) is marked, an additional column to enter the VAT rate per each expense item is displayed. Else the No VAT column is presented allowing you to mark if the investment is not included in the VAT calculations.

Φ Note: The investment amounts entered in the periods should be net (without the VAT amount).

Type: This column enables to define if an investment belongs to the Production or Operation section of the Company. Setting the type here will determine if the depreciation of the investment will be included in the Profit and Loss report as part of the Production Depreciation in the gross expenses (before the gross profit) or part of the operating expenses. This is applicable in the Direct Cost method only.

Investment Type: This column enables to define the type of the investment according to the following categories: Equipment, Technical devices and machines, Property and Buildings, Intangibles and Other Fixed assets. The type selected here will determine how the investment will be presented in the Balance as part of the fixed assets.

Collection days: This column is displayed if the 'Specify Days Payable for each expense type' option is marked in the General Data screen (General Parameters tab). Enter the average number of days in which you pay to your suppliers. This is used to calculate the cash payments derived from the expenses and costs

Toolbar Buttons

The toolbar buttons are as follows

OK - Close screen (and save all changes if applicable)

Exit - Close screen and discard any changes if applicable.

Add row - Add a new row at the end of the displayed table

Insert row - Insert a new row above the selected/marked row

Delete row - Delete the selected/marked row

Print Table - Create a report for the current table, showing it on the print preview screen

Forecast - Copy cell values across next periods

Export to MS Excel file - Exports the displayed table to MS Excel