With Asset Register and Lease Accounting you get a duo of applications and 6 linked spreadsheets for managing assets and leases with Excel. With the Asset Register section you can define and allocate to each asset any one of up to 100 Classes each with different depreciation rates and to 100 Locations. Each asset record can be individually adjusted for depreciation life different from its allocated Class if necessary. Total depreciations are summed for the selected month end (which is adjustable) by Class and Location. You can Sort assets by year, vendor, class, location. Straight line. declining balance or double declining balance options.

With Lease Register you can allocate the repayment terms for each capital asset and principal repayments, interest and remaining balances are summed for all leases to the selected month end which as adjustable. You can vary the repayment terms experimentally within any lease repayment term to calculate the new repayment month and variance in financing charges with the changed terms.

• Up to 3,000 assets.                                                                 
• Copy asset lists directly into Excel columns.
• SL/DB/DDB depreciation options.
• Up to 100 Classes with fixed depn rates.
• Up to 100 Locations.
• Each asset can over-ride Class base depn.
• Assign each asset to a Class and Location. 
• Variable month end adjustments to forecast depreciation and book value at any date.
• Sum monthly and total depreciation by all Classes.
• Sum monthly and total depreciation by all Locations.
• Sum Book values by all Classes and Locations.

  LEASE REGISTER

• Up to 3,000 lease accounts
• Up to 100 Master Lease headers.
• Sub-Leases can be assigned to a master lease.
• Define repayment terms inclusive of upfront payments and final balloons.
• Calculates current and total principal repayments and interest to the selected month end.
• Variable month end adjustments to enable forecasts of principal and interest any any date.
• Sum principal, interest for the selected month and cumulative to the selected month for Master Leases and sub leases and standard leases

VARYING LEASETERMS- EFFECT OF REPAYMENT ACCELERATION, RATE CHANGES.

• The Lease Register provides a way to recalculate final repayment month, interest charges and repayment amounts without impacting the current register to asses the effects of rate changes, ballon payment changes and/or accelerated monthly repayments.
• The recalculations can be carried out at any month end so that if changes are anticipated in the future the total savings to the firm for an individual lease or all lease adjustments can be computer exactly.