Read more »

Fixed Assets

A complete fixed assets management module featuring asset photos, multiple depreciation types and schedules, revaluation, disposal with full analysis/reporting capabilities

General Features

Seamlessly integrated into General Ledger

Unlimited number of assets can be entered

Operations include Depreciation, Addition, Revaluation and Disposal

Supports Prime Cost, Diminishing value, Full depreciation

Depreciation can be up to any date within current year

Multiple assets can be depreciated in a single operation

Free-text memo can be entered when a transaction is performed

Automatic journal entries on disposal of an asset

Asset transactions can be removed and re-done

Option for automatic depreciation before disposal, revaluation or addition

All asset transactions for an asset can be viewed at any time

[Back to top]

Assets

All asset codes are FlexiCode™

Separate book and tax depreciation schedules

Support for leased assets and low-value pools

Graphical image of each asset (e.g. photograph)

Private usage percentage calculations

Warranty information and expiry dates

Supports separate General Ledger accounts per asset

Automatic or user-defined asset code assignment for new assets

Depreciation can be suspended for specific asset

[Back to top]