CAPITAL EXPENDITURE PLANNING
WITH PARIS
With PARIS Tech’s Capital Expenditure Planning you can easily ‘cut and paste’ your existing assets from your asset based software into our model—or better yet, integrate to any fixed asset software system.
There are two key things you need to do before you start Cap Ex Planning:
- Forecasting the depreciation or amortization (intangible assets) of existing assets
2. Adding the new assets you plan to purchase
When creating your new initiatives, we suggest that you start with PARIS Tech’s Initiative Planning modeler, where you can not only brainstorm new business initiatives, but also see the economics of each initiative and its effect on the balance sheet and income statement.
Integrate CapEx Budget With Your Financial Statements
PARIS’s CapEx Planning is integrated with your financial statements. PARIS makes it easy to align your CapEx budget to your centralized planning process, so you can maintain consistency with your OpEx, Income Statement, Balance Sheet and Cash Flow forecasts.
Increase Transparency
With our line-item detail function that allows you to add information from vendor quotes or any pdf or spreadsheet, so you can detail specifically new assets for projected purchase.
Choose your depreciation method
With PARIS’s CapEx Planning you can choose your depreciation method (Straight-Line, Double Declining Balance, MACRS, Unit of Production or Sum of the Years Digits [some first-Caps?]). PARIS will use this pre-built logic to calculate your depreciation and amortization of existing assets, along with assets that are not yet in the fixed asset register.
Schedule an Exploratory Call
In this call, we invite you to share a bit about what brings you to us. And you’ll be able to ask any questions about our software and consulting.
We may offer a few insights and will share about what we can do for you. If it’s a good fit for all, we can go from there!