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Tracking, Cost variation, monitor and control your assets throughout their different years and entire life cycle.
Main Features
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Key Features
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Recording transactions
All assets are set up using asset groups. Through a simple allocation of the new asset to an asset group, the asset inherits user-defined values. This values include, for example, type of asset, depreciation method (company wise and IT wise), and calculate depreciation value for tax and other purposes.
Number series
Your assets can be numbered automatically from one number sequence or you can set up different number sequences for different assets. You can customize the set up of the number allocation. It is also possible to use the allocation of bar codes. And in transaction there is some specific series is continually running so any one can easily track the transaction with approx month – year events.
Managing your assets
You can manage your assets throughout their entire life cycle and simplify your accounting procedures. Your fixed assets can be acquired, depreciated, Addition, Sales part, disposed of or transferred to other assets. Each asset can be set up for several parallel life cycles that can be used for independent recording of asset values for external accounting, tax, management accounting, consolidation and other purposes. Creation of different types of asset transactions is available.
Deprosiation Calculation
Fixed assets can be depreciated in a two way’s Depreciation methods include ‘straight line’, ‘reducing balance’, this are common for all kinds of asset and showing as monthly depreciation value. Is the systematic allocation of the depreciable amount of an asset over its useful life.
Purchase Asset Register
Gives you a detailed information about the purchases made during the year along with cost break – up manufacturers / suppliers name and address etc...
Forecasting of Depreciation Value
Fixed Asset gives you total asset year life up to salvage value and we can see it in every month wise value and forecast that at when we have to do some expenses to this asset.
Asset Tracking
If an asset is transferred from its permanent location to a temporary location, the movement can be recorded and reported to recall procedures. The lending dates, locations and the responsible.
Asset Merge
In Asset manager we can merge two assets and make one asset that is use full in our system. We can maintain this two asset as new asset and all related effect can be done to this asset also.
Asset Spliting
There are 2 types of splits that the system facilitates
1 Quantity wise splits 2 Asset wise splits
Asset maintenance plan
We can create maintenance plan as per selected criteria and we can generate asset‘s plan as per that maintenance plan and we can track that it was done and if there is some problem regarding that we can do come corrective action. There is also break down transaction to monitor all problem.
Asset Expenses
This is tracking of asset expense which values should be capitalized for asset transaction purpose. We can increase value as per we got effect. We can increase book value and also depreciation effect.
Asset Verification
Physical verification of assets is a very important objective. The system can not only help keep a record of when the asset was last verified, but can also maintain the status of the Asset at that time. So later on a report can be taken out wherein you can see that the some Printer is in a Not-Working Status since 2 years and thus can be scrapped. Related particular actions.
Disposing of fixed Asset
Asset manger provides disposing of asset with current value and all calculate depreciation for easily find out we can get profit or loss on asset disposal. And as per we can post voucher in the system about accounting effect.
Using information
You are able to save and attach electronic images of documents, pictures and other records to individual assets. This is a significant time saver that makes it faster and easier to manage assets in a secured environment.
Key Features Discriptions
EASY TO USE
ASSET REGISTER
ASSET ACQUISITION
ASSET DEPRECIATION
ASSET REVALUATION
ASSET DISPOSAL
ASSET MOVEMENT
ASSET MAIN TENANCE PLAN
ASSET VERIFICATION
VALUE MODELS
 
 
 
 
 
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