Fixed Assets Management

Fixed Assets Management within NetSuite for Government

Eliminates spreadsheets and manual efforts to track and report on the complete asset lifecycle from creation to depreciation, revaluation, and retirement. Standard depreciation methods or custom calculations, help to meet unique business requirements. Manage both depreciating and non-depreciating assets, along with maintenance schedules, leases, and insurance within the application. Seamlessly integration to core accounting functionality ensures accuracy and compliance.

• Track all assets in one easy-to-manage system, providing a single source of truth for assets.
• Track both capitalized and non-capitalized assets by department, fund and location.
• A flexible fixed asset calculation engine with complete asset reporting and seamless integration with the core accounting functionality.
• Completely integrate asset management with accounting, eliminate the need for tracking assets in spreadsheet.
• Create assets in the procurement process, accompanied by corresponding workflows.