Provides unsurpassed flexibility and control of the fixed-asset accounting lifecycle - from acquisition and depreciation to revaluation and eventual disposal.
Capture and analyze extensive asset information - including valuation, location, insurance, and claim information - throughout the asset accounting lifecycle with minimum costs.
Define and maintain an unlimited number of depreciation methods by using one of 18 predefined methods, creating your own custom method, or modifying a predefined method.
Fixed Asset Accounting enables you to manage depreciation, record asset transfers, splits, and disposals in your accounting ledger. You can choose to split assets by units, monetary value, or percentage or easily record the disposal of your assets via scrap, theft, or charity. Fixed Asset Accounting automatically creates the necessary journal entries, so business decisions can be based on timely, accurate fixed-asset records.
Highly flexible approach to revaluate, ensuring that your capital, financial, and strategic plans are based on the most current information. Set up multiple books for the same asset ensuring regulatory compliance and maximizing bottom-line benefits.