Asset Amortization Management in Etendo: The Secret to Automating and Segmenting Financial Reports

Thanks to the Financial Extensions Bundle, Etendo goes one step further and allows you to associate additional accounting dimensions with each asset. These dimensions are automatically transferred to the amortization lines and accounting entries, opening the door to a level of analysis impossible in other ERPs.

Available dimensions:

• Business Partner
• Activity
• 1st and 2nd Dimension
• Sales Region
• Campaign
• Cost Center
• Vendor
  
  

Benefits of asset amortization management in Etendo

• Error-free automation: eliminate manual workload and gain accounting accuracy.
  
• Analysis by region or activity: understand how depreciation impacts each business area or zone.
  
• Tracking by projects and campaigns: evaluate the real ROI of each initiative.
  
• Visibility by vendors and partners: link assets to key third parties and better understand associated costs.
  
• Customized reports: filter and analyze with total flexibility thanks to accounting dimensions.
  
  

Practical example

An accountant can generate an amortization report comparing accumulated expenses in Sales Region: North versus Sales Region: South. This allows them to make strategic decisions about where to invest in new assets.

Similarly, a company operating different Activities (for example, Distribution and Sales) can allocate the proportional depreciation of the same asset to each one. This provides a clear view of the real cost of each operation.

With Etendo, amortization is no longer just an isolated accounting entry — it becomes strategic information for business management.

The evolution of amortization grouping in Etendo

In previous versions, the Amortization window grouped asset depreciations by exact date, showing each record chronologically. Although functional, it made it difficult to have a consolidated view within a single accounting period and forced accountants to make additional efforts to interpret the data.

With the installation of the Financial Extensions Bundle, Etendo introduces a key improvement:

• Amortizations are now grouped by periods (monthly or annually, depending on the calculation type).
  
• For time-based calculations, records are grouped by month or year.
  
• For percentage-based calculations, grouping is done annually.
  
  

This change provides a much clearer and simplified view, aligned with the accounting periods companies actually use in their daily operations.

Advantages of the new grouping scheme:

• Visual clarity: the amortization window presents information consolidated by period, without the need to manually group records from different dates.
  
• Faster processing: makes monthly or annual depreciation review easier.
  
• Dimensions preserved: although accounting dimensions are not considered for grouping, they are maintained at the line level, ensuring detailed reports and segmented analysis.
  
  

Ultimately, this change improves the usability of Etendo by simplifying visualization while maintaining the level of detail necessary for in-depth, accurate accounting.

Summary

Asset amortization management in Etendo combines automation, intelligent segmentation, and now clearer grouping by periods. This not only saves time and prevents errors but also transforms a routine accounting process into a driver of advanced financial analysis.

If you are a financial manager, Etendo is your ally for achieving accurate, clear reports oriented toward better decision-making.

For more information, visit: Etendo official documentation on assets

FAQ

What is asset amortization management in Etendo?
It is the functionality that allows you to record, automate, and post asset depreciation with configurable plans.

Why is it different from other ERPs?
Because Etendo allows you to segment each amortization line with accounting dimensions (region, activity, project, vendor, etc.), providing deeper insights.

What are the benefits of the new grouping?
It simplifies accounting review by displaying amortizations consolidated by periods, offering greater clarity and easier visualization.

What benefits does it bring to the accountant?
It saves time, reduces errors, and delivers detailed reports to better explain financial results to management.

Want to implement Etendo in your company?

If you are interested in acquiring Etendo and transforming the way you manage your assets and accounting, contact us today