🔊 Whatsapp "hi" to +234 909 999 4655
🔊 Whatsapp "hi" to +234 909 999 4655
🔊 Whatsapp "hi" to +234 909 999 4655
🔊 Whatsapp "hi" to +234 909 999 4655
There could be some scenarios where Employees are grouped according to how they are paid. These is different from occupational groupings specialty or managerial like department e.t.c Payroll Groups helps to organize this, offering systematic ways to decide which set of employees get paid at any time. After creating a group, employees are then...
As part of the process of generating payroll, components such as PENSION and PAYE (Pay as You Earn) can be configured to generate and calculate based on set formulas. You can have several of these configurations and decide which to use when generating a new Payroll. Enter a unique configuration name, select...
To terminate /delete an Asset. It requires an OTP Authentication process. Click the “EOL” on an Asset dashboard. On page opening, enter reason for termination and click the “Delete” button. The OTP window will prompt follow the process and the Asset will be deleted, along with all connected records.
As financial activities are triggered on an Assets, they are recorded to the Asset Ledger. From Acquisition to Cost Management (Depreciations), Maintenance, Activities e.t.c. Click the “Ledger” button on an Asset dashboard to view the Ledger The asset ledger can be exported /email or printed.
For some Assets, maintenances are required periodically and this need to be recorded. Click the “Maintenance” button on an Asset dashboard. The listed records shows all maintenance activities on the asset so far and the cost incurred. These costs are forwarded as bill to the Account module for approval to the vendor, and also saved...
For some Assets, there are activities that need to be record such as Trips (for vehicles) and others. Some may too be used to generate revenues. This can be done via the Asset Activity page. Click the “Activity” button on an Asset Dashboard. Enter the activity title e.g Lagos – Benin, select Scope...
For proper accountability, those responsible for Assets in terms of management, handlers, users and other roles, ought to be document. Click the “Management” button on an Asset Dashboard to access the management details. To add a new management record, click the “New” button, on the window that will appear, find an employee...
In tracking Assets, it is important to keep details of where they are, where they have been (movable assets). The Asset Locations page record all these changes. To record a new location, click the “New” button after you have clicked the “Locations” button on an Asset dashboard. The location recording form is basic...
After capturing Asset Acquisition, the next step will be to define the Cost Management – Depreciation/Amortisation. This simply means determining the cost and value of asset within a set lifespan. Let’s say an Asset Acquisition was $10,000 and expected life span is 5 years and savage value (what you think the asset will worth at...
After capturing the basic details of Asset, next step will be to document the details of Asset Acquisition including the Acquisition Purchase Agreement (APA). NOTE: The Acquisition simply details the exact purchasing amount from a source (registered vendor), this is not the actual cost management where depreciation costs are defined. Acquisition is a...