Save time by automatically calculating fringe benefits for Italian company cars
We've listened to you and understood how tedious it can be to manually calculate fringe benefits for an entire fleet using the official ACI tables and then manually update the fringe benefit value every year. That's why we want to introduce you to our brand new fringe benefit calculation feature, tailored for our Italian customers.
You can now calculate fringe benefits based on the official ACI tables directly in Avrios. To make the process as simple as possible for you, we added the official fringe benefit tables of ACI to Avrios. The fringe benefit calculations you do with Avrios are therefore up to date with the latest values from ACI. The best part is that after an initial setup, we automatically calculate the latest fringe benefits every year, saving you even more time in the future. Let’s have a closer look at how it works.
Calculating fringe benefits for the first time:
You can now add a new column called Fringe Benefit YEAR to your vehicles table. Simply click on "Organise Columns" and insert the column into the table.
You can then add fringe benefits for all the vehicles in your fleet that are also used privately. To do so, click on 'Add' in the fringe benefit column you have just added.
Next you are asked to check the vehicle's CO2 emission, engine power and fuel type. This is important because the engine power and fuel type are used to find the correct vehicle in the ACI tables. CO2 emissions are used to calculate the correct fringe benefit rate for the vehicle.
Pro-Tip: When you save your vehicle registration documents in Avrios, you can click on "Go to Documents" and open your registration document in a separate tab. This is the quickest and easiest way to check that the values in Avrios match those in the vehicle registration document.
In a final step, you can select the correct vehicle from the ACI tables. To make this as easy as possible for you, we show you the best matching vehicles at the top of the list. Simply select the right vehicle and click "Calculate Fringe Benefit".
Pro-Tip: To quickly select the correct vehicle from the ACI tables, we recommend that you compare the displacement (in litres) and engine power (in hp) stored in Avrios with the suggested vehicles from the ACI tables. Select the ACI vehicle for which all values match. If the values do not match for any of the suggested vehicles, please check the vehicle registration document to ensure that the engine power, displacement, vehicle model and fuel type in Avrios are correct.
Congratulations you just calculated your fringe benfit for your first vehicle. Next, let's look at how you can send the fringe benefits to your payroll department.
Exporting fringe benefits:
Once you have calculated all the fringe benefits for your fleet, you can easily export them to an Excel spreadsheet and forward it to the person responsible for payroll in your company. Let's take a look at how this works in detail:
Make sure the fringe benefits column and any other value you want to export have been added to the vehicles table.
Pro tip: Usually the payroll department requires the name of the driver, the fringe benefits monthly value, the vehicle display name, and the vehicle model.
Click on “Export to Excel” and download the excel file
Congratulations, you can now send the excel file to the person that is accountable for payroll in your company.
Great news: Avrios automatically calculates fringe benefits for you in the future
We have a surprise for you. We know how much work it can be to calculate the fringe benefit values for an entire fleet. That's why we've come up with a way to automatically calculate the current fringe benefits for you in the future. All you have to do is calculate the fringe benefits for all relevant vehicles in your fleet once. In the following years, Avrios will automatically do the calculation for you.
How that looks like in detail:
We will add the latest ACI tables for you as soon as they are available. We will then add a new fringe benefit column for the new year for you and automatically update the fringe benefit values for all vehicles for which you have already calculated a fringe benefit in the past. We will inform you by e-mail and in the product as soon as the fringe benefit values have been calculated automatically.
Calculating the fringe benefits of your entire fleet has never been easier!
Advanced use cases (updating ACI vehicle, deleting fringe benefit):
You need to update the matched ACI vehicle or delete a fringe benefit?
Nor problem. Let's see how it works:
Deleting fringe benefit:
Select a vehicle and navigate to the fringe benefit tab
Click on the delete icon and confirm
You can add the fringe benefit again at any time
Updating ACI vehicle:
Select a vehicle and navigate to the fringe benefit tab
Hover over the matched vehicle from the ACI table
You can now select the new vehicle from the ACI table. The fringe benefit will be recalculated automatically
