OUR PRODUCTS

Fixed Asset Management

Asset categories

Define depreciation categories based on the following methods:

• Straight line life
• Reducing balance life
• Define general ledger categories, assigning account codes for the different transactions.

Assets

• Record information for each asset, including transfer date, capital costs, depreciation method, written down value, general ledger category, insurance value and serial number.
• Assign analysis codes for each asset.

Maintain the Asset Register

• Add new or partially depreciated assets to your Asset Register.
• Associate attachments (add-on assets) with each asset, to ensure that they all depreciate by the same method and to the same end date.
• Keep a detailed history of activities affecting the value of each asset, including addition, depreciation, adjustments and disposal.

Calculate Depreciation

• Calculate and record depreciation, based on the rules defined for each asset.
• Store depreciation figures for the current depreciation period, the year-to-date and the cumulative life of the asset.
• Experiment by using different depreciation rates, without affecting the actual values stored for each asset.
• Forecast depreciation.

Standard Reports Available Include:

• Asset Register Details
• Additions Audit Trail
• Adjustments Audit Trail
• Disposals Audit Trail
• Depreciation Details
• Depreciation History
• Depreciation Forecast
• General Ledger Distribution Analysis
• Fully Depreciated Assets Details
• Insurance Valuation Report