Fixed Assets Tracking (FAT)

The Fixed Assets feature easily maintains accurate and timely balances on assets calculating and tracking. This gives you a complete movement and history of assets including depreciation calculations, reevaluations, disposals and asset transfers.

Fixed assets feature

• Assets can be categorized by asset type and location.
• Maintain both book and tax value for assets.
• Ability to create new assets from existing asset details.
• Perform straight line depreciations.
• Transfer assets.
• A private usage percentage can be entered for each asset.
• Asset Pooling
• Multiple general ledger posting accounts based on asset type and location.
• Depreciation processing can be selected by asset code, asset type or asset location.
• Location and Address of the asset. (Location will be linked to the Inventory Location).
• Ability to attach documents to the asset
• Ability to add characteristics to the fixed asset
• Ability to add comments to the fixed asset
• System reminder ( for maintenance and Others )
• Import/Export data in excel format.

Fixed asset reports

• Fixed Assets details.
• Transaction list.
• Depreciation schedule.
• Movement report.
• Check IN/OUT report.
• Maintenance due report.
• Excel Reporting.
• Reporting filter (By Asset Category, Location Country/City, Company, Department, Place, Room and Employee)
• Fixed asset labels.