Fixed Assets Management helps the user organization in maintaining the asset investment, depreciation and asset disposal information. The module also provides for keeping track of fixed asset movement, calculation of depreciation.
Fixed Asset Management
- Flexible, user –specified coding structure for classifying fixed assets.
- Fixed assets can be organized into groups for better control
- Maintain detailed description of assets for reference purposes
- Calculation of depreciation based on different methods
- Depreciation calculation method can be defined separately for each fixed asset category
- Supports maintenance of fixed asset data for multiple business units
- Maintain location of assets and provide for reporting on location
- Comprehensive reporting facility and online inquiry
- Interfaced to General Ledger for transfer of depreciation and asset realization transactions.