About

The main functionality of this module is to keep track of Assets Value.

Key Features :

1. Fixed assets can be organized into groups for better control
2. Maintains a register of all assets and their locations
3. Maintain location of assets and provide for reporting on location
4. Tracks expenses incurred for any asset
5. Calculates book-based depreciation
6. Calculates book depreciations using either the Straight Line or Reducing Balance Method
7. Depreciation calculation method can be defined separately for each fixed asset category
8. Calculates profit or loss on the sale of any asset
9. Tracks maintenance history for each asset
10. Obtains estimates of the remaining useful “life” of an asset
11. Gives reports on disposals, revaluations and/or acquisitions
12. Asset transfers and disposals
13. Transfer Branch, Cost Center and/or Group location