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General description
The automatic system supplies the ability to entering all the detailed data for each fixed asset in addition to entering all the changes either additions or deductions. The system supplies preparing monthly fixed assets depreciation entries with the ability to prepare additional depreciation entries for the complete depreciated assets and still in service
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General features
- Fixed assets data record.
- Addition and deduction.
- Defining fixed assets classifications.
- Depreciation calculation.
- Posting depreciation to the GL and Cost Accounting systems.
- Fixed assets balances.
- Assets and their depreciation reports (a variety of reports).
- Printing the fixed assets transaction.
- Report builder.
- Queries.
- Previous years depreciation.
- Closing the year.
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