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Fixed assets
A complete fixed assets management module featuring asset photos, multiple depreciation types and schedules, revaluation, disposal with full analysis/reporting capabilities.
Functional capabilities at a glance... (
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- 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
- Option for automatic depreciation before disposal, revaluation or addition
- Automatic journal entries on disposal of an asset
- Asset transactions can be removed and re-done
- All asset transactions for an asset can be viewed at any time
- Supports separate General Ledger accounts per asset
- Support for leased assets and low-value pools
- Separate book and tax depreciation schedules
- All asset codes are FlexiCode
- Graphical image of each asset (e.g. photograph)
- Private usage percentage calculations
- Warranty information and expiry dates
- Automatic or user-defined asset code assignment for new assets
- Depreciation can be suspended for specific assets