Fixed assets, depreciation, and budgets

Fixed assets

1. Accounting → Fixed assets (permission "Fixed assets and depreciation") → add an asset: name, group (buildings, medical equipment, office equipment, vehicles, renovations), acquisition date, acquisition cost, useful life, residual value, branch.
2. Monthly depreciation is calculated automatically (straight-line) and posted: Dr Depreciation expense · Cr Accumulated depreciation.
3. Disposing of or selling an asset records the gain or loss on disposal.

The useful life policy and depreciation method follow the decisions of the clinic's accountant.

Budgets

1. Accounting → Budgets (permission "Budgets") → choose the year and branch → enter the budget per account per month (Excel import is available).
2. The budget vs actual report shows the variance and the percentage achieved.
3. Cash flow projections and financial KPIs (gross margin, EBITDA, DSO) are available on the dashboard.