PROGRAM FOR MONITORING DEPRECIATION OF BASIC ASSETS
Abstract
This paper presents a program that provides for automatic monitoring of depreciation of basic assets. The program is so designed that it can be used in companies and institutions that deal with different activities and with a variety of basic assets. This program allows for different methods of calculating depreciation to be applied to a basic assets in one company. We plan to make this program of depreciation of basic assets to be part of a single ERP-Enterprise Resource Planning program, which we have been developing for several years now. This integral program, apart from the depreciation of basic assets, should include modules for: employees, business clients, general information about the firm, production, services provided by the company, products manufactured by the company, products that the company supplies, sells and services, relationsships with a bank, bookkeeping entries and outgoing faxes and financial operations. Depreciation of basic assets is a complex process, which must be legally done continuously for a large number of basic assets in companies and institutions. Monitoring of depreciation of basic assets requires the generation, monitoring and storage of a large number of documents. The paper will be about the program that should automate and facilitate this procedure. The program monitors the value of each basic asset, from its acquisition, through long-term use, until it is written off. Monitoring the depreciation of existing basic assets should facilitate the planning of the amount of funds for the acquisition of new basic assets. In order for the program to be operational, it is necessary to first enter the master data into the database. PostgreSQL relational database is used to store data. A complete program is made in the Java program environment.
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