Hungarian fixed assets

The eYssen Hungarian Asset Localization (eyssen_l10n_hu_asset) module extends the asset management of the Accounting app with the Hungarian practice:

  • rate-based linear depreciation according to the Accounting Act (Szt.), prorated by days from the activation date, and a Lump Sum Depreciation method;

  • an informative depreciation board according to the Corporate Tax Act (Tao.), kept in parallel and never posted;

  • an activation (commissioning) date with a draft activation journal entry;

  • a Dispose Asset wizard for scrapping, sale and other withdrawals;

  • inventory number, responsible employees, inventory location and other record-keeping fields;

  • commissioning, increase, decrease and scrapping protocols.

The module adds the Accounting ‣ Fixed Assets menu with the entries Assets, Asset Categories, Post Depreciation (administrators only) and Asset Analysis. The standard asset menus remain available.

Note

The Hungarian calculation applies to purchase-type assets whose Computation Method is Lump Sum Depreciation, or Linear with Time Method Based On set to Number of Entries, a depreciation rate greater than zero and a period length of 1, 3, 6 or 12 months. Every other asset (degressive, ending-date based, or linear with a zero rate) keeps the standard behavior described in Non-current assets and fixed assets.

Asset categories

Open Accounting ‣ Fixed Assets ‣ Asset Categories. In addition to the standard fields:

  • Depreciation Rate (Accounting Act): the yearly depreciation rate, copied to the assets of the category. Enter it as a fraction (0.2 means 20%, 0.145 means 14.5%);

  • Depreciation Rate (Corporate Tax Act): the yearly rate of the tax depreciation board (20% is used if it is empty);

  • Computation Method gains the Lump Sum Depreciation option: the whole value is written off in one entry on the activation date (for example, for low-value assets);

  • Acquisition Account: the construction-in-progress account (beruházások, e.g., 161) credited by the activation entry. It is required to confirm an asset;

  • Disposal Expense Account: the expense account (e.g., 86…) that receives the net book value when an asset is disposed of. It is required to dispose of an asset;

  • Disposal Income Account: informative; the sales revenue itself is booked by the customer invoice.

screenshot: finance-fl-hungary-asset-category
menu
Accounting ‣ Fixed Assets ‣ Asset Categories ‣ (category)
shows
Asset category form with the "Depreciation Method" section ("Computation Method" = Linear, "Depreciation Rate (Accounting Act)" 0.20, "Depreciation Rate (Corporate Tax Act)" 0.20, period length 12 months) and the "Journal Entries" section with the "Acquisition Account", "Disposal Expense Account" and "Disposal Income Account" fields.
highlight
The two depreciation rate fields and the three Hungarian accounts (red frames).
data
Category "Office equipment", asset account 143, depreciation account 149, expense account 571, acquisition account 161.
module
eyssen_l10n_hu_asset
notes
English UI, light theme, 1440px width, crop to the form sheet.

Assets

On the asset form (Accounting ‣ Fixed Assets ‣ Assets):

  • Activation Date: the day the asset was put into service. The activation entry and the depreciation board start from this date; it is mandatory to confirm the asset.

  • In the Depreciation Information tab, the field labelled Degressive Factor holds the yearly accounting depreciation rate of linear assets (copied from the category), and Depreciation Rate (Corporate Tax Act) holds the tax rate. The Number of Depreciations is computed from the rate and the period length and is read-only.

  • The Special tab contains the Inventory Responsible and the Asset Responsibles (employees), the Inventory Number (also shown in the name of the asset and searchable), a QR Code text, the Inventory Warehouse, an informative Analytic Plan and Analytic Account, the Consumed Development Reserve (fejlesztési tartalék, informative), and the Opening Depreciated Amount for assets taken over from another system with depreciation already booked.

  • The TAO Board tab shows the yearly corporate tax depreciation: Year, Depreciation Date, Current Depreciation, Cumulative Depreciation and Remaining Value.

How the boards are computed

  • Accounting board: the depreciation lines are dated at the end of each period (month, quarter, half-year or year) of the fiscal year. The amount of a full period is (gross value − salvage value) × rate × period length / 12. The first line is prorated by the actual calendar days from the activation date to the end of the period; the last line takes the remainder, so the board always ends at zero.

    Example

    Gross value 1,200,000 HUF, salvage value 200,000 HUF, rate 0.20, yearly periods, activated on 15 April 2026: 143,014 HUF in 2026 (261 of 365 days), 200,000 HUF in each of the next four years, and the remaining 56,986 HUF in 2031.

  • TAO board: yearly lines at the end of the fiscal year. The first year is prorated on a 360-day (12 × 30) basis from the activation date. The board is recomputed together with the accounting board and is never posted.

  • The Opening Depreciated Amount reduces the residual value on both boards; lines that are fully covered by it are not generated.

Confirm and depreciate

Click Confirm. For Hungarian assets, a draft journal entry <asset name>: Activation is created on the journal of the category at the activation date, debiting the asset account and crediting the Acquisition Account with the gross value. Review and post it from the Activation Journal Entry link. Confirming does not post any depreciation: the due lines are posted by the monthly scheduled action of the asset management or with Accounting ‣ Fixed Assets ‣ Post Depreciation.

Several draft assets can be confirmed at once from the list view with Action ‣ Confirm Assets.

Warning

Do not enable Auto-Confirm Assets on categories that use the Hungarian calculation: assets created from vendor bills have no activation date, so the bill could not be posted.

To change the period length of a running asset, use Modify Depreciation; the number of depreciations stays computed. The rate itself can only be changed while the asset is in draft.

Dispose of an asset

The standard Sell or Dispose button is hidden on Hungarian assets. Click Dispose Asset (available on running and on fully depreciated assets) and fill in the Disposal Date, the Disposal Type (Scrapping, Sale or Other Withdrawal) and the Disposal Reason. The wizard

  1. removes the unposted depreciation lines and adds a catch-up line up to the disposal date, with a draft depreciation entry;

  2. creates the draft entry <asset name>: Disposal: accumulated depreciation and Disposal Expense Account (net book value) on the debit side, the asset account (gross value) on the credit side;

  3. closes the asset, fills in the Disposal section of the form and shortens the TAO board to the year of the disposal.

Both entries remain in draft for review. In case of a sale, the revenue is invoiced separately with a customer invoice. A disposed asset cannot be reset to draft or confirmed again. The disposal date cannot precede the activation date or the last posted depreciation, and cannot fall into a locked period.

screenshot: finance-fl-hungary-asset-dispose
menu
Accounting ‣ Fixed Assets ‣ Assets ‣ (running asset) ‣ Dispose Asset
shows
The "Dispose Asset" dialog with the read-only asset, "Disposal Date", "Disposal Type" set to "Sale" with the blue information box about invoicing the revenue separately, "Disposal Reason", and the "Dispose Asset" and "Cancel" buttons.
highlight
The "Disposal Type" field and the information box (red frame).
data
Asset "Laptop - LT-0012", disposal date today, reason "Sold to employee".
module
eyssen_l10n_hu_asset
notes
English UI, light theme, 1440px width, crop to the dialog.

Protocols

The Print menu of the asset form and list contains four PDF protocols: Commissioning Protocol (üzembe helyezési jegyzőkönyv), Asset Increase Protocol (állománynövekedési jegyzőkönyv), Asset Decrease Protocol (állománycsökkenési jegyzőkönyv) and Scrapping Protocol (selejtezési jegyzőkönyv). The scrapping protocol shows the net value according to both the Accounting Act and the Corporate Tax Act.