Fixed Assets

Asset Maintenance

  • Asset Grouping 
  • Asset Acquisition 
  • Asset Location and Organisation 
  • Asset Type: Leased, Owned, and Hire Purchased.

Depreciation

  • Multiple Depreciation Methods supported ( SLM / WDV ) 
    ­-- Insurance Purpose 
    ­-- Tax Purpose 
    ­-- Companies Act Purpose 
  • Depreciation Schedule on What–If Basis.

Capitalisation

  • Capitalise revenue  Expenses 
  • WIP Capitalisation

Insurance

  • Maintenance of Insurance Detail 
  • Policy Maintenance 
  • Premium Calculation 
  • Policy Wise 
  • Asset Wise Claim Maintenance

Revaluation

  • Capitalisation of Re-valued Assets. 
  • General Ledger / Balance Sheet Integration.

Retirement and Exchange

  • Book Value determination of the replacing assets 
  • Replacement cost accounting 
  • Capitalisation of acquired assets 
  • Accounting for profit or loss on Retirement or Exchange.