Importing a German machine tool isn't a simple "receive into stock" once it lands — it becomes a "fixed asset." The purchase price + duty + import VAT + ocean freight + insurance + inland freight all go into the asset's original cost, depreciated over a preset residual rate and useful life. SBK integrates trade operations with the fixed-assets module: capitalize imported equipment in one click, with depreciation accrued automatically each month.
One-click capitalization + cost aggregation + automatic depreciation + RFID management
One-click conversion from import customs declaration to asset registration, with equipment number / manufacturer / model carried over automatically
Equipment price + duty + import VAT + ocean freight + insurance + inland freight + installation all roll into the asset's original cost
Accrue depreciation automatically each month based on the preset residual rate / useful life / depreciation method
Track the 5-year supervision period of duty-free imported equipment, with alerts that it cannot be transferred / disposed of during the period
Tag imported equipment with RFID, scan to stocktake, and auto-record location changes
Integrated maintenance cycles / spare-parts management / fault work orders for imported equipment
Original cost auto-aggregated from docs (CNY)
Import a EUR 1M machine tool and recording only the equipment price is wrong — you must include the 5% duty + 13% VAT + CNY 50K ocean freight + CNY 20K insurance + CNY 10K inland freight + CNY 80K installation/commissioning. SBK aggregates these automatically from the import customs declaration / forwarder bill / inland-transport order / installation expense, so a complete original cost makes depreciation accurate.
Useful life + method preset by asset class
Finance used to compute depreciation asset by asset at month-end, working late over hundreds of assets. SBK presets useful life by asset class (machinery 10 years, transport equipment 4 years) and method (straight-line / units-of-production / double-declining-balance), accruing automatically on the 1st of each month — finance only needs to review.
Disposal during period auto-blocked
Much imported equipment enjoys tax exemption — but customs imposes a 5-year supervision period during which it cannot be transferred, sold or pledged. SBK attaches the supervision period as an attribute on the asset, alerts 30 days before expiry, and automatically blocks any disposal action during the period.
A EUR 1M machine tool + 5% duty + 13% VAT + various fees = a total original cost of CNY 8.5M, booked automatically.
A duty-free imported CT scanner has a 5-year supervision period; when finance tries to resell it in year 3, the system blocks it and prompts to report customs release.
For the annual stocktake, a handheld RFID scanner scans 200 imported machines in 10 minutes — half a day faster than checking one by one.
The German machine tool alarms; the work order links to the asset card, so checking warranty terms + the spare-parts library + contacting the German manufacturer happens in one flow.
Fixed Assets is SBK's asset-management hub, fully connected to trade / OA / finance
Complete asset-management capabilities: registration, depreciation, stocktaking, transfer, disposal, maintenance and RFID
The import customs declaration is the source for capitalization data
Imported-equipment payment amounts go into the original cost
Multi-currency original cost converted at the booking-date rate
Sign up to explore one-click capitalization of imported equipment and customs-supervision tracking for free