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Accounting
The accounting functionality enables real-time visibility into financial health, enhances accuracy in financial reporting, and facilitates regulatory compliance. Relevant transactions for book keeping, such as payments, expenses and vouchers are automatically received from the services in the Visma.net platform.
Capital assets
Capital assets are any kind of property for long-term use that belongs to a company.
Capital asset transaction processings
The following processings are available from the Capital asset transaction table.

Accounting
The accounting functionality enables real-time visibility into financial health, enhances accuracy in financial reporting, and facilitates regulatory compliance. Relevant transactions for book keeping, such as payments, expenses and vouchers are automatically received from the services in the Visma.net platform.
- Base data
  The tables in this section include base data for accounting.
- Budgeting
  You can create a single budget to be used during many years ahead, but you can also enter an unlimited number of budgets.
- Vouchers
  A voucher is an accounting document that serves as a record of a business transaction and verifies certain activities or expenses.
- Incoming documents and invoices
  Incoming documents and vouchers usually arrive from other systems. They can be, for example, new supplier invoices, expense claims or payroll vouchers.
- Customer ledger
  The customer ledger is a financial record that contains detailed information about transactions between a business and its customers.
- Supplier ledger
  The supplier ledger contains detailed information about purchases, payments made, outstanding balances, and any credits or adjustments related to the supplier.
- Payment transfer
- General ledger
  The general ledger is the central accounting record of a company.
- Bank reconciliation
  The purpose of bank reconciliation is to match accounting transactions with account statement transactions from the bank.
- Capital assets
  Capital assets are any kind of property for long-term use that belongs to a company.
  - Capital asset class
    This table contains one row for each capital asset class, for example Machinery or Vehicles with parameters that are common to the capital assets in the class.
  - Capital asset
    This table contains one row for each capital asset.
  - Capital asset processings
    The following processings are available from the Capital asset table:
  - Capital asset reports
    You can generate account statements and balance lists for capital assets in the same way as for customers, suppliers and the general ledger.
  - Capital asset transaction
    This table contains transactions posted on capital assets.
  - Capital asset transaction processings
    The following processings are available from the Capital asset transaction table.
  - Capital asset balance
    This table contains one row for each accounting period having some flow, per capital asset.
  - Capital asset group
    This table contains one row for each capital asset group, and may be used to group capital asset classes, for example in accordance with tax legislation.
- Electronic VAT reporting using Business NXT - Norway
  You can use Business NXT for electronic VAT reporting, either manually or automatically using the Visma.net AutoReport integration.
- Electronic VAT reporting - Denmark (new VAT structure)
  You can use Business NXT for electronic VAT reporting automatically using the connected service Visma.net AutoReport.
- Export of SIE files
  SIE files are used to exchange bookkeeping information between different systems, including the basis for financial statements.
- Import of SIE files
  SIE files are used to exchange bookkeeping information between different systems, including the basis for financial statements.

Capital asset transaction processings

The following processings are available from the Capital asset transaction table.

Attach documents

This processing is used to upload documents and connect them to your transaction.

You add documents from My files. You can also add the files directly into the Attach documents dialog by using drag and drop. The documents are added to the records with the same voucher number. You can also split, merge or delete documents. Different parameters can be selected depending on from which table you execute the processing. You can also view your files from this dialog.

Starting the processing

Select the Capital asset transaction rows you want to process.
In the Processing menu, select Attach documents.
Select the My files tab in the dialog.
If needed, upload your file using drag and drop.
Select the document, click Attach and finish by clicking Done.

Currency correction

This processing transfers and recomputes selected rows and creates transactions in the Currency correction data table for further action later on. The processing is also available from the Customer transaction, General ledger transaction and Supplier transaction tables.

Starting the processing

Select the Capital asset transaction rows you want to process.
In the Processing menu, select Currency correction.
Make settings in the dialog.

Option	Description
Value date	The date for the currency correction. This date determines the correction exchange rate which will be used from the Currency correction data table.
Delete all rows for the account type in the "Currency correction data" table	All existing rows in the Currency correction data table will be deleted.

See also: Currency correction and Currency correction data