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Capital Asset Planning
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Plan for growth.
Anticipate the impact.
Expanding your workforce? Planning an acquisition? Adding a new location?
All of these decisions impact your plan to acquire/dispose of your capital assets.
An integral part of Budget Maestro, the Asset planning feature enables you to
forecast your capital asset requirements today and years out. Easily associate
these purchases and related expenses to particular departments, projects, etc., so
that you can accurately gauge the impact on your Income Statement as well as Balance
Sheet and Cash Flows.
Depreciation schedules, i.e. straight line, double declining balance, sum of years,
as well as the standard MACRS tables are automatically included in the package.
This enables you to automatically and accurately calculate depreciation for any
existing and future assets you purchase. Optionally, you can create a custom asset
depreciation schedule based on a specific requirement.
With Budget Maestro, you will be able to:
- Streamline the capital planning process
- Track the depreciation on existing and forecasted assets
- Analyze the impact of capital expenditures on your bottom line
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"To overlay a proposed acquisition in our budget plan was a tremendous effort in excel. Now, with Budget Maestro, we can create a new scenario that reflects these events and with a few clicks generate a pro forma P&L, Balance Sheet and Statement of Cash Flows."
Chris Sole, CFO
PlaceLinks, Inc. |
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