Fixed Assets in Charisma ERP — How to Correctly Manage Depreciation (2026 Guide)
Configure fixed asset categories, depreciation methods (straight-line, accelerated, declining balance), monthly calculations, disposals, and revaluations. Correct steps in Charisma.
Bogdan Minoiu — Founder Azuvio · 2026-06-05 · 6 min · ERP & Operations
Initial Configuration
1. Fixed Asset Categories — OMFP codes (Fixed Asset Catalogue) and useful life according to Government Decision 2139/2004 (the Romanian statutory standard)
2. Depreciation Method per Category — straight-line (standard), accelerated (1.5x in year one, 0.5x thereafter), declining balance (using coefficients 1.5/2.0/2.5)
3. Accounting Ledgers — 21X (fixed assets), 28X (accumulated depreciation), 681X (depreciation expense)
Adding a Fixed Asset
Financial → Fixed Assets → Add →
Category (OMFP code)
Description + serial number
Acquisition value
Put-into-use (PIF) date
Duration in months
Depreciation method
Depreciation account + expense account
Monthly Depreciation Calculation
Financial → Fixed Assets → Calculate Depreciation — monthly run (typically during month-end closing). Charisma automatically generates a journal entry with depreciation lines for all active assets.
Special Operations
Revaluation: adjusted for high inflation according to Standards — modifies the depreciable value without impacting historical cost
Value Increases: adding capitalized improvements
Disposal: Scrap, sale, or donation — Charisma calculates the remaining book value as an expense
Inter-departmental Transfer: for physical tracking purposes only, no accounting impact
Tax vs. Accounting Differences
In certain cases, tax depreciation differs from accounting depreciation (e.g., assets acquired with specific excise duties). Charisma allows dual methods per asset, but configuration requires precision.
Common Errors
1. Incorrect Category → wrong useful life → non-compliant depreciation
2. Future PIF Date → depreciation only starts from the put-into-use date, which is often overlooked
3. Revaluation without supporting docs → ANAF (the Romanian tax authority) may reject this during an audit
Conclusion
The Charisma fixed assets module is robust for companies with 10–1,000 assets. For >1,000 assets requiring physical traceability (scanners, locations), the Smart Operations Layer adds advanced mobile capabilities.