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A more detailed financial side for Auto Loans, Depreciation Schedules ETC

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.

  • Justin Oeffner
  • Nov 21 2016
  • In Review
Company Northern Tier Contracting
Job Title / Role Accoutant
I need it... Yesterday...Come on already
  • Attach files
  • Matt Kiefer commented
    November 21, 2016 20:33

    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.

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