month & year-end made painless
Integrated and Automated
Fixed Assets
Accruals, Prepayments, Deferred Income
Leases and Loans
nettTracker provides easy-to-use tools to simplify your balance-sheet postings
How does nettTracker work
nettTracker is a ‘set-up and leave’ application: once it is configured, there is very little attention required
Configure
Connect to your accounts package
Create links to your nominal accounts and nettTracker ‘groups’
Import your existing items
Retrieve current year transactions
Activate
View posting projections for your items
Make your first period journal posting
Activate automation for:
Transaction refreshing
Asset creation
Monthly postings
Monitor
Reconcile balance with accounts package
Confirm new items detected and processing
Report year-end balances
Check future year projections
Core nettTracker Features
Import existing asset register items
Assign wide-range of depreciation rules
Calculate depreciation schedule for life-span of asset
Group items according to balance sheet account
Detect new items automatically
Report over financial year or custom-date range (future dates allowed)
Disposals and reversal of disposals!
Tax depreciation using independent schedule and rule
Download reports and depreciation projections
IFRS16 / FRS102 / ASC842 Lease handling
Finance and Operating lease tools
Calculation of Right of Use Asset
Interest and repayment schedule based on Discount Rate
Synchronised asset depreciation with appropriate schedule
Account for Finance Lease depreciation methdology
Calculate fixed rate loan interest adjustment schedules
Simple approach - total loan, monthly repayment and number of payments
Onboard existing loans
Create prepayments from detected transactions
Prepaid expenses and deferred income can be ‘held’ on balance sheet
Schedule releases to suit requirements
Statements and projections available across financial year or custom range
Import existing position from Excel template
Create accrual items for income and expenditure
Date retrospectively as required
Specify auto-release or allow to hold
Add additional value manually, with posting to balance sheet
Connect to supported account provider or operate in standalone
Changing provider also supported
Import nominal accounts for standalone
Numerous customisations available for all feature modules
Automated journal postings for month-end
Year-end journaling available as required
Dashboard tools to simply reconciliation between nettTracker and balance sheet
Software integrations ready and waiting
QuickBooks Online
Sage Business Cloud
XERO
Use a different accounting system?
With our Standalone mode, nettTracker can operate independently of your accounts package. Simply use the Journal Export function to download the adjustments needed for a period. With a wide-range of export formats, simply select your account system from the options.
Ready to reduce your month-end stress?
Let nettTracker handle your recurring adjustments, so you can focus on higher-value work