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Capital Expenditure

o2olap, with Microsoft Analysis Services (OLAP), is versatile enough to be used for fixed asset calculations and to amortise the assets over the useful lifetime of the asset using any of the accepted methods of amortisation. Amortisation methods that can be used include straight-line, the unit of production method, reducing balance, sum of digits and increasing charges.

o2olap technology has been used for budgeting and forecasting for capital expenditure. The assets are amortised over their useful lives with the amortised amounts automatically filtering into the budgeted and forecasted income statements. The appropriate net asset values can also be reflected in the balance sheet accordingly.

 
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