Complete lifecycle management of company assets, including depreciation tracking and maintenance scheduling.
Detailed Overview & Features
– Creating a database for fixed assets.
– Inputting assets in a hierarchical form.
– Handling various depreciation methods such as straight-line or decreasing balance.
– Calculating depreciation on any day of the year, whether on a daily or monthly basis.
– Selecting the depreciation calculation method for each asset individually (as a value, a percentage of book value, or a percentage of net value).
– Entering assets purchased in previous years and creating a recording transaction for them.
– Dealing with assets that have unique serial numbers or model numbers.
– Displaying the audit trail for assets, as well as asset accounts and related transactions.