ASSETS MANAGEMENT

For companies having a consistent number of assets, the assets management module allows them to track and maintain these assets. The procurement cycle to purchase assets is managed by this module, as well as the sales and/or disposal cycle of assets. It creates a database of the fixed assets of a company. This database includes information on each fixed asset of the company including the purchase dates, amounts, and depreciation rates as well as other ‘user-defined’ information. Transactions related to these assets like purchase requests, purchase orders, sales are also managed by this module.

KEY PRODUCT CAPABILITIES

✔ Unlimited number of assets.
✔ Tracks assets per divison and department.
✔ Allocates cost of assets on each department.
✔ User-defined database of fixed assets (supplier, purchase date ...).
✔ Handles complete purchase cycle, including: Purchase Request, Request for Quotation, Purchase Quotation.

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✔ Quotation comparison, and purchase orders of fixed assets.
✔ Tracks pending transactions.
✔ Creates a cost center for each purchase order.
✔ Purchase and Sales of fixed assets.
✔ Transfer of fixed assets between company’s departments.
✔ Disposal of fixed assets.
✔ Purchase and sales ledgers.
✔ Fixed assets values.
✔ Fixed assets ledger.
✔ Automatic depreciation entries with linear and digressive methods.
✔ Repairs and services on fixed assets.
✔ VAT and tax management (optional).

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