# Assets and loans: depreciation and repayment

> Fixed asset register with depreciation runs, residual value and sale of assets. Loans with repayment schedule, outstanding balance and principal/interest split.

Source: https://1x1it.de/en/workorderagent/erp/anlagen-darlehen/

Your fixed assets are in the asset register with a depreciation plan (AfA, the German tax depreciation) and residual value. The system automatically splits the loan instalment on the bank statement into principal and interest.

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[All accounting features](https://1x1it.de/en/workorderagent/erp/)

Assets & loans ERP

- **Assets:** depreciation planning and runs
- **Residual value:** calculated
- **Disposal:** sale of fixed assets
- **Loans:** repayment schedule and outstanding balance
- **Instalment:** principal and interest split automatically

## Fixed asset register

Fixed assets from purchase to sale in one place.

- Depreciation planning: You plan the depreciation for each fixed asset. It is posted through depreciation runs.
- Residual value: The WorkOrderAgent calculates the residual value of each fixed asset.
- Sale: The sale of a fixed asset is also recorded in the asset register.

## Loans: from instalment to finished booking

Loan management works together with bank reconciliation.

- Create the loan: With a repayment schedule. The system keeps track of the outstanding balance.
- Instalment arrives: Bank reconciliation recognises the loan instalment among the account transactions.
- Split and booked: The instalment is automatically split into principal and interest and booked.

## Related

[Bank reconciliation Recognises loan instalments too](https://1x1it.de/en/workorderagent/erp/bankabgleich/)
[Recurring bookings Fixed costs assigned to accounts automatically](https://1x1it.de/en/workorderagent/erp/wiederkehrende-buchungen/)
[BWA, P&L, balance sheet Reports with drill-down](https://1x1it.de/en/workorderagent/erp/auswertungen/)
[ERP & accounting All features at a glance](https://1x1it.de/en/workorderagent/erp/)

## Depreciation and repayment without spreadsheets?

Try the WorkOrderAgent free for 20 days or let us show you asset and loan management.

[0173 644 22 17](tel:+491736442217)

[Request a demo](https://1x1it.de/en/kontakt/#anfrage)
