Assets on the register
Every machine on the fixed asset register with depreciation posting to the ledger.
UAECost centres · Stage invoicing · 5% VAT
Equipment Hire on one ledger.
Assets tracked, hire invoiced, maintenance costed. The whole business is profitable. Whether this particular job was is a different question, and usually a slower one.
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Asset · Excavator 04 On hire
Hire invoiced · monthAED 18,000
Depreciation− AED 4,200
Maintenance− AED 2,600
Net book valueAED 186,400
ContributionAED 11,200
Depreciation posted by the run
What actually differs
Built for a equipment hire.
Same ledger underneath - arranged around what this business actually raises, holds and chases.
Hire invoiced and aged
Raise the invoice per period and watch it in receivables.
Maintenance where it belongs
Parts and service costs tagged to the machine through cost centres.
What asset posts.
Part of construction on VISIONS ERP. Every document writes its own journal at real cost, the moment it happens - revenue, cost and VAT posted together, with nothing to reconcile between systems. The ledger is here, stock is here and the whole platform is here.
Prices are in AED and include 5% VAT - Starter from AED 299 a month. Filing is the same cycle whatever you do: VAT accounting software, and what e-invoicing will require.
FAQ
Straight answers.
Is depreciation automatic?
Yes - depreciation schedules post to the ledger, and the fixed asset register carries cost, location and disposal.
Is there a project schedule or Gantt chart?
No - there is no scheduling module. This is the commercial side: budgets, costs, certification, billing and the ledger.
Can we hold retention?
Retention can be raised as a line and tracked in receivables. There is no dedicated retention register.
Can we compare budget to actual?
Yes, budgeting sits in the ledger with drill-down reports and a full audit trail.
Put a real week through it.
Bring your own documents and see them posted end to end. Fourteen days free, no card, export any time.