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Introduction
Improved Regulatory and Security
• With asset tracking systems such as FAMS, it becomes easier to store and track data accurately.
• Easy to record every action logged by users, and role-based access permissions ensure that only authorized
personnel can access sensitive data.
Accurate Reporting
• Offers companies real-time data on how each asset functions
• Streamlines the management process, improving the overall profitability of your organization.
• Helps reduce human errors in asset performance monitoring
Streamlined Operations
• Critical for determining which assets in the organization are under user, their location, their cost center, etc.
• To receive status updates on the process when needed.
• Eliminates unnecessary steps from daily operations, making them more efficient and faster
Planning - Planning is the first stage of the asset Life Cycle. It establishes asset
requirement based on evaluation of Existing Assets.
Acquisition - This begins the life cycle of the asset. Once the asset I
Identified, acquired and installed into the business, it can then be
tracked throughout its entire life cycle process.
Disposal - The end of the Asset’s Life Cycle. It is removed from service
and either sold, discarded, or shifted out.
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High End Features
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Key Features
• Manage Unlimited Fixed Assets. • Depreciation Accounting for Year & any period between the year
• Asset Block & Category wise classification. • Change in method/rate from retrospective effect.
• Head Component, Independent & Dependent Component. • Separate depreciation treatment for Leased Assets.
• Location, Department, Cost Centre Arrangement. • Fixed Asset Register Summary, Detail, Group-wise
• Asset Owned or Leased. • Fixed Asset Schedule as per Company Act, Income Tax Act
• Manage WIP Asset. • Fixed Asset Schedule as per ITR6, Form 3CD Extract
• Cost Breakup of Asset Component. • Shift-wise Depreciation detail
• Forex Fluctuation • Report giving Depreciation attributable to each Location
• Income Tax & Accounting Book with two additional books. • Depreciation Calculation & Comparison between two periods
• SLM and WDV methods are inbuilt. • Budgeting & Variance
• AMC, Insurance, Market Valuation, Physical verification. • Reminders about Expiring Warranty, Insurance, AMC, Lease, etc.
• Shift-wise usage details. • Report writer & various MIS Reports.
• Sale, Discard, Splitting & Relocation. • Asset Card, Asset History, Asset Labels
• Adjustment in Asset Value, Depreciation. • Add on the module:
• Impairment of Asset. • Linking with Barcode
• Import verification records from Barcode scanner
Our Clienteles
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Enquiry: +91 766 990 4748 | Cell: +91 97694 68105 | +91 98673 07971
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