Assets

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Background:
Asset management is a critical aspect of accounting for businesses, allowing them to track and manage assets, calculate depreciation, maintain asset registers, and ensure accurate financial reporting.

Goal:
The goal of this issue is to implement a comprehensive asset management feature in Liberu Accounting, enabling users to efficiently handle their assets and related financial transactions.

Tasks:

Database Structure:

Design and implement a database structure to store asset-related information, including asset details, acquisition history, depreciation methods, and more.
User Interface:

Develop an intuitive and user-friendly interface to allow users to add, view, edit, and manage asset information.
Asset Profile Management:

Enable functionality to add, edit, and manage asset profiles, including details such as asset name, acquisition date, cost, depreciation method, and useful life.
Depreciation Calculation:

Implement functionality to calculate asset depreciation based on configured depreciation methods, allowing users to accurately reflect depreciation expenses.
Asset Reporting:

Create reporting features to generate asset-related reports, including asset registers, depreciation schedules, and asset valuation.
Acceptance Criteria:

Users should be able to add, view, edit, and manage asset profiles seamlessly.
The system should accurately calculate asset depreciation based on configured depreciation methods and provide reliable depreciation schedules.
The application should provide comprehensive asset reports for better financial record-keeping and decision-making.
Additional Information:

Effective asset management is crucial for Liberu Accounting users to track asset values, calculate depreciation, and maintain accurate financial records.
The implementation should follow best practices, adhere to accounting standards, and provide a seamless user experience.