Fixed Assets Depreciation Software

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Management Tools:

  • Multi-entity, multi-location capability.
  • An accurate picture of current fixed asset status including:
    • Depreciated
    • Disposed
    • Under construction
    • Dropped
  • Fifteen position alpha-numeric product number.
  • UPC code or alternate item number (Hot Key).
  • Five tiered asset structure: asset#/product#/category/class/type.
  • Depreciation terms.
  • Capitalization limits, interest amounts, and dates.
  • Forbearance months used.
  • Fully integrated with FIRST OPTION General Ledger cloud accounting software.

Functions:

  • Graphical User Interface.
  • Desktop Integration.
  • Track purchase price and date.
  • Useful life and depreciation months.
  • Residual and salvage values.
  • Asset identification by:
    • Location
    • Contract
    • Serial number
    • Model number
  • Individual ownership association by asset.
  • User defined depreciation begin date if not equal to acquisition date.
  • First month depreciation can include prior periods.
  • Automatic General Ledger transactions.
  • Real time asset status codes.

Reporting:

  • Assets by General Ledger account including:
    • Purchase price and date
    • Asset number
    • Product number
    • Current value
    • Monthly depreciation value
    • Totals by entity and General Ledger account.

For Full Fixed Assets Depreciation Software Demo contact sales@1stoption.com


Learn more about our Fixed Assets Depreciation Software

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