Capex Planning.
Plan, approve, track, depreciate — connected to the asset register.
How is depreciation budget calculated in IDU?
Depreciation is calculated automatically based on the useful life, residual value, and depreciation timing linked to the selected asset class. The values are allocated to the correct expense, asset, and accumulated depreciation accounts within the financial plan.
How does IDU handle capital expenditure planning?
IDU lets you plan and track capital expenditure within the same platform you use for operational budgeting. The financial picture — budgeted vs actual capex, depreciation modelling, asset register reconciliation — lives in IDU. Procurement processes (purchase requisitions, spend approvals, vendor management) remain in your procurement system.
Can depreciation start at a future date?
Yes. Where work-in-progress or phased projects are being budgeted, the depreciation start date can be delayed to align with the expected in-service date.
Can we track capex projects against their approved budget?
Yes. Once a capex project is approved, IDU compares actual spend against the approved budget at each ERP sync. Finance teams and project owners both have visibility into budget consumption, remaining allocation, and variance.
Does IDU calculate depreciation on planned capital assets?
IDU models the financial impact of capital expenditure, including depreciation schedules, on your forward-looking P&L and balance sheet. You see the full downstream effect of capital decisions before you commit.
Can non-financial managers capture capex budgets?
Yes. Cost centre and operational managers can capture capex requirements within a controlled environment, while finance maintains governance and oversight.
Does IDU support approval workflows for capex?
IDU supports approval workflows for transfers between cost centres and for asset disposals. Acquisition-side approvals — purchase requisitions, spend approval — sit in your procurement system. IDU’s role is the financial one: budget, track, compare, and report.
How is capex planning secured and governed?
Access is role-based and configurable. Users can be restricted to specific cost centres or functions, while all changes and approvals are tracked within a controlled and auditable environment.
How does capex planning integrate with our overall financial plan?
Capital expenditure plans flow directly into your consolidated budget and forecast. Cash outflow, depreciation, and balance-sheet impact automatically reflect in the relevant financial statements without double entry.
How are replacement assets and disposals handled?
Users can select existing assets linked to the cost centre when planning replacements or disposals. IDU uses this information to calculate depreciation impact and profit or loss on disposal automatically.
Can we compare multiple capex scenarios before committing?
Yes. IDU’s scenario modelling lets you evaluate different investment options side by side — comparing cash flow impact, ROI, and total cost of ownership — so leadership can make informed capital allocation decisions.