08 Fixed Assets

Fixed Assets module makes it easy for you to maintain an asset inventory that supports your balance sheet.

The Fixed Assets Register (FAR) provides a system for you to keep track of each fixed asset ensuring control over assets and preventing misappropriation of your assets. It keeps track of the value of assets for depreciation, tax and insurance purposes.

Benefits of Fixed Assets application:

  1. Get Fixed Assets Overview includes book values and visibility.

  2. Calculates Monthly Depreciation based on Straight Line or Written Down Value methods.

  3. Simplifies posting of Disposal of Fixed Assets.

  4. Track maintenance or service activities of Fixed Assets.

  5. Fixed Assets Reporting per International Accounting Standards.

For more information on our Fixed Assets application module get in touch with our consultant who can explain you how it works for your enterprise and show value for your money.