• Assets are individually identified and categorised.
  (E.g. Computers, Land, Building)
• A record of supplier, invoice, date of purchase and insured value is maintained for each asset purchased.
• Assets are recorded against a department, division or profit centre.
• The depreciation rate is maintained separately for accounting and taxation purposes.
• The depreciation can be summarised and printed for each category of fixed assets.
• The Fixed Asset Register as per required format (e.g. accumulated depreciation and net book value) can be printed at any time.
• A separate listing of all purchases of assets for any given date can be printed.
• All assets sold for any given date can be printed with profits / losses.
• A tax allowance schedule is provided for each category of fixed assets within department, division or profit centre.
• Fixed asset can be condemned or written off.
• The system features all necessary client-transaction recordings and billing information to generate Standard Reports etc.
• All values used in the system are user defined and therefore can be adapted to change at any time.
• All standard fixed asset transactions are available.
• Vast arrays of Management Reports are generated by the system to deliver accurate and timely information for effective business management analysis.
• A high level of Security is held in the system using a User Level password system,           providing complete data security and ensuring tight control on user access to various       modules.
• All transactions provide Amend and Delete facility so that any entry can be instantly edited or corrected to maintain data accuracy.

REPORTS
         
          .       Additions (Detail/ Summary)
          .       Disposals (Detail/ Summary)
          .       Transfers – (Detail / Summary)
          .        Depreciation Schedule (Detail/ Summary)
          .        Fixed Asset Register – Category wise
          .        Fixed Asset Register – Factory wise
          .        Inventory of fixed assets
          .        Fixed Asset Ledger