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Fixed Asset Category for Controlling

The form can be found at the path: Tables > Controlling > Analytical Accounting > Fixed asset category for controlling

Note

This table is dedicated to companies that have activated Controlling management, but it is not mandatory if accounting logic for valuating depreciation in management control is to be applied.

In this table, we identify the various calculation types that we want to use in processing technical depreciations for controlling: the management control logics, regarding assets, differ from accounting logics in order to use logic related, for example, to the quantities produced by a specific machine, rather than a repurchase value. This avoids distortions related, for example, to accounting depreciation criteria that are heavily influenced by tax rules.

Specific Fields​

  • Code of the category

  • Description of the category

  • COST DETAIL ACCOUNT and FUND DETAIL ACCOUNT to use: these could be the same detail accounts associated with accounting asset categories, in order to perform year-end adjustments between the two calculation logics, or specific controlling detail accounts that are not used in accounting.

Note

In cases where it is desired to use specific detail accounts in controlling, separate from those of general accounting, it is recommended to define a specific Account type with the Controlling flag set, as these detail accounts cannot even mistakenly be used in general accounting entries.

  • Calculation base we can choose from:

    • Asset value, which is the same as accounting
    • Objective value, given off-book
    • Repurchase value, a specific field for controlling

  • CALCULATION TYPE can be of 5 different types:

    • Percent Completed: according to the percentage for controlling set in the individual asset
    • Perpetual percentage: like the previous one but without checks on the remaining balance to be depreciated
    • Quantity: for assets that have a useful life related to a theoretical quantity produced (e.g. a mold that can produce a certain number of impressions)
    • Quantity perpetuates: like the previous one, but without checking if the total theoretical quantity has been reached
    • Completely in the year: to fully depreciate the asset in the year of purchase.

  • Percent Completed we can set the percentage for this category, which will be indicated on the individual asset, or leave the field blank to enter it each time within the asset.

  • Use Actualization Percentage The flag, also shown in the corresponding tab Depreciation for controlling in the asset sheet, when activated, allows the asset value to be increased year by year based on the value set in the Actualization Percentage field in the Accounting Parameters.

  • Recreate controlling values is typically needed in cases where there is uncertainty about the extra-accounting criteria to be applied to the calculation of technical depreciations. Since the processing of depreciations will start from year YYYY, FluentisERP must first calculate the balances at the end of year YYYY-1. If percentages or logics are changed, it may therefore be necessary to reset this starting data to restart the calculations.

WARNING

Be cautious with the changes made to these categories: for example, if we set a flag and save the row to confirm, FluentisERP will ask us if we want to update the assets in this category. We must be careful that if we confirm the operation and are in a category with percentage calculation but without the percentage set, the system will also reset the percentages in the assets.

Note

The categories entered in this table, along with their settings, will then be referenced within the asset sheets in the Depreciation for controlling tab to associate the individual asset with the category.