Fixed Assets Management With A Ground-Breaking ERP Module
With fixed assests management module:
DEFINE asset depreciation in all aspects, including rate and acceleration of depreciation.
CATEGORIZE assets or divide them into tags based on which different depreciations could be applied.
CONTROL all aspects of asset depreciation and define rate, percentage and acceleration as required.
INTEGRATE the fixed assets module with other modules in the ERP system, including General Ledger.
Features Of The Fixed Assets Management Module
The fixed assets management module would allow users to record all details related to each asset based on tags, location, department and vendor. Assets could also be mapped under parent assets, added under specific categories and so on. For easy identification, you could add images to each asset and also import data from external sources.
Through its easy transaction screens, the fixed assets management module in our ERP systems would help you manage the usage of multiple assets, add or reduce their value, transfer, dispose and access history of each asset along with its capitalization, with total ease and simplicity.
The module is capable of handling multiple depreciation methods and is fully integrated with the general ledger. You could define asset depreciation methods based on usage or select the straight line, charge-off or the WDV methods. The commencement date of depreciation could also be defined by the user along with rate of depreciation.
Define asset depreciation methods based on which the fixed assets module would auto-calculate depreciation and post the values. Depreciation could be managed based on month and year and a schedule could be defined for the same.
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