FEATURES OF FIXED ASSETS SYSTEM
* 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. |
