one of the top two small business accounting systems in Australia, provide an integrated Asset management
VillageMall has delivered the first integrated
Asset management system. Integration with purchase,
sales and BAS modules ensures that the items are correctly
process at entry time, how often do you have to move
those items between assets and expenses.
The introduction of the new Simplified
Tax System, from 1st July 2001, enables a more
automated asset management system to be developed. VillageMall
WebLedger was the first Accounting system to meet these
If you have an add-on asset system
how often does it agree with your accountants system? WebLedger
in association with your accountant can finally solve
these problems and allow you to get on with Your Business.
methods include prime-cost, diminishing value,
full and, no depreciation
set-up for all entries under simplified tax system
collection of all mandatory information for tax
for book and tax depreciation.
with Purchase, Sales and BAS Modules
for new tax system "low value pools"
include: Buy, Write-off, Revalue, Set Private use,
Depreciation, , and Transfer to low value pool
assets at any period.
one or individual assets at any period
projections for any period
asset entries post to General Ledger
asset and financial information at any point in an
down to underlying depreciation detail