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Cloud Asset Management Software - Fixed Assets Management Software-IT Asset Management Software
Cloud Asset Management Software - Fixed Assets Management Software-IT Asset Management Software
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Fixed Assets Software is designed to maintain xed assets catalog, classi cation of xed assets and for damping
operations. Fixed asset location is de ned along with persons responsible for them. From a nancial and accounting point
of view, this Software can be con gured as per nancial standards.
Fixed assets data can be con gured with general ledger and with payables and receivables. It provides a real-time,
accurate overview of your nancial status. It includes your book value and accumulated depreciation, without any
manual updates. You can allocate depreciation percentage to different general ledger accounts.
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Asset tracking
Fixed Assets Software provides easy and customizable tracking of assets. The assets can be tracked by
description, location or number.
Capitalization
Capital Work-in-Progress (CWIP) functionality helps you to maintain the CWIP Accounting and Capitalizing the
CWIP amount. CWIP is a holding account that captures the expended detail of costs incurred in the design and
construction of capital assets. The costs are accumulated and shown as CWIP until capital asset/ addition is usable.
Depreciation calculation
Implementation of a depreciation method is tailored as per your accounting or legal requirements. Asset-wise
depreciation percentages and Book-wise depreciation percentages are de ned by using standard depreciation methods
such as Straight-Line and Written-Down Value depreciation methods.
Asset Transfers
Fixed Assets Software can also help in monitoring asset transfers from one location to another location.
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