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Fixed Assests
User Definable Parameters - include Maximum Tax Credit, Number of Years
to Retain History Detail on-line, and the ability to control whether the Fixed Asset Module is
updated to the General Ledger.
User Definable Tables - include Class Codes, Location Codes, Insurance Table,
and Retire Reason Codes.
Fixed Asset Master File - maintains the following information by item:
description, class, location, model, serial number, AP vendor/invoice/purchase order, acquisition
date, new/used, lease/purchase, lease info, warranty info, service company info, General Ledger
Account Numbers, depreciation data, and insurance information.
Flexible Depreciation Methods by Fixed Asset; monthly depreciation calculation
and register with journal entry updates to General Ledger.
Adjustment Transaction Data Entry - to record acquisitions, retirement, and
depreciation adjustments, with journal entry updates to General Ledger.
Transaction History List and Display.
Fixed Asset Valuation Schedules.
Acquisition, Retirement and Tax Credit Reports
Depreciation Projection Reports - to budget depreciation expense for future
year(s) and automatically update General Ledger Plan amounts.
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