Now that you have set up nettTracker for fixed assets, how do you use it on an ongoing basis? These short videos show you how. With automation enabled for fixed assets, you could be ‘hands free’ for some time.
The Dashboard (3 mins)
This short video explains the values and dates that appear on the dashboard of your nettTracker company.
The Transactions Area (2 mins)
Fixed asset purchases coded to accounts mapped with your accounting software will be visible. You can choose to add to the asset register with ease. Full automation also available.
Creating Assets (3 mins)
Fixed assets can be added to your asset register based on the transaction created in your accounting software. Full automation is also an option.
The Asset Register (4 mins)
This short video displays the view of the nettTracker fixed asset register, and shows how some of the features can be accessed from within.
The Depreciation Forecast (2 mins)
For every asset with a net book value, nettTracker will calculate what the depreciation will be each month over the next financial year.
Processing Depreciation (1 min)
If automated option is disabled, you can process manually - also useful if you’ve just made recent changes to assets.
Deleting Assets (2 mins)
It’s easy to remove an asset from the asset register that has been added in error. At the same time, any depreciation provided that was not required, will be adjusted in two clicks.
Asset Disposals (2 mins)
Fixed assets can be marked as disposed in just a couple of clicks. All disposal journal entries posted for you, and fixed asset register updated with gain/loss on disposal.
Reverse Disposals (2 mins)
Disposed an asset in error? No problem. Simply select the option to ‘Reverse Disposal’ and all corrections will be made for you.
Part Disposals Using Kits (3 mins)
If you need to dispose of one part of a listed asset, split the asset into multiple items using a kit, and then you can dispose one of the required items.
Defer and Start Depreciation (1 min)
If an asset is not immediately put into service when purchased, you can choose to ‘Defer Depreciation’, and then set a start date when known.
Change Depreciation Rules (2 mins)
You can change depreciation rules against assets at any time. This video shows the impact of making those changes.
Grouping Assets into a Kit (2 mins)
A kit is like a ‘sub-group’, within an Asset Group. See how to create a Kit and allocate assets to it.
Salvage Values (1 min)
A salvage (Residual) value in place, will ensure that a fixed asset will not depreciate below the amount set.
Journal Errors (3 mins)
If journals have failed to post to your accounting software, learn how to investigate what the issue may be.
Re-coded transactions (2 mins)
nettTracker will advise if transactions used to create fixed asset entries have been deleted or changed in some way. Corrections can be made in a couple of clicks.