Capital Asset Planning Made Easy with Planning Maestro

Fixed assets can be a significant line item on a company's financials, yet they are difficult to budget for and track in a spreadsheet-based model. The complexity of the depreciation expense is compounded by new asset purchases and sale of older assets impacting multiple Balance Sheet accounts and multiple lines of the cash flow.

Capital Asset Planning and budgeting is an integral part of Planning Maestro's business performance management software, enabling you to forecast your capital asset requirements today and years out. Pre-built import templates allow you to easily and quickly import your capital asset data from your G/L or Fixed Asset System including the acquisition date, in service date, and depreciation method. So your forecasted depreciation drills right down to the assets being depreciated and the balance sheet drills into the depreciation accumulated and remaining value of these same assets.

The Capital Asset Planning module also supports Construction in Process (CIP). Through a single menu, you can enter the purchase date of the asset, the in-service date and the system will allow you to keep track of this fixed asset project all the way through to it being capitalized. This allows you to keep track of the capital spending on the Balance Sheet and be able to capitalize the project when it's ready to be put into service.

Planning Maestro's Capital Asset Forecasting Software enables you to:

• Streamline the capital planning process
• Track the depreciation on existing and forecasted assets
• Establish separate acquisition and in-service dates to accurately calculate depreciation expenses
• Select from built-in depreciation schedules, i.e. straight line, double declining balance, sum of years, as well as MACRS tables or create your own custom schedule
• Calculate the gain or loss on disposal of an asset
• Analyze the impact of capital expenditures on your cash flow