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Capital Expenditure
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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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