Maintaining a CapEx strategy is easier than you think
Keep books clean with ClickTime’s excellent time records to pass any audit with flying colors.
Avoid missing out on deductions with easily-filtered data records tied to each time entry in ClickTime.
Keep cash flow and operating metrics healthy by ensuring that non-operational costs are not inflating OpEx.
ClickTime makes it easy to turn raw CapEx time and expense data into actionable insights to ensure regulatory compliance, control budgets, and improve financial predictability – functions that are far more difficult than they should be in a legacy system.
Capture the right level of detail to accurately classify CapEx labor, support tax strategies, and maintain clean audit trails.
Match labor costs to capital projects and revenue periods. Create a clear picture of asset development for boards, auditors, and investors.
Disclaimer: Always check with your accountant or tax professional to ensure you are aware of the specific rules for when project costs can or cannot be capitalized.
Learn how gathering the right data with CapEx and OpEx cost tracking can help you make smarter, more informed decisions about your business.
With ClickTime, you can rest assured that your costs won’t slip through the cracks. CapEx tracking is easy, quick and attainable with ClickTime.
