I understand this is a construction software but there needs to be a bigger back bone on the Financial Side. There needs to be availability to enter auto loans that can tie into the Equipment Module that way all expenses are together and a report can be ran to show everything in one spot. Also there needs to be a more accurate way to setup depreciation schedules for equipment. I understand Journal entries do the trick but in the accounting world this program lacks the efficiency to have a more detailed understand of equipment | vehicle cost. It would simplify the the process. and eliminate the excess Journal Entries.
Company | Northern Tier Contracting |
Job Title / Role | Accoutant |
I need it... | Yesterday...Come on already |
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I completely agree. The Equipment Module is almost useless without there being a better link to the Financial Module. I don't see adding a depreciation schedule to a piece of equipment to be very difficult.
You could simply add an additional tab to the Equipment Setup for depreciation. Or even better, add a new folder in the Equipment Module for specifically Depreciation/Loans. In here you could assign the depreciation terms to the equipment. The Loan section should also link to the Vendor Module, so that loan payments can be selected and tracked.