Fixed Asset Management System
Fixed Assets is a comprehensive asset management system, which enables a company to assess the depreciation values of company assets. Depreciation values can be evaluated under the heads of Company Act depreciation and Income Tax depreciation. Evaluation can be done for assets situated across various locations.
The package has the inbuilt facility and flexibility to convert the asset values from the foreign currencies to the corresponding value in Indian currency, taking in to consideration the currency rate prevailing for a given date.
Key Benefits
Provides a centralized facility for asset depreciation evaluations.
Facilities to sort the assets under various groups, which can further provide the
teshead for listing the items under the group head.
Groups can be categorised further under predefined sections based on their
tesvalue.
Depreciation percentages are assigned to groups based on the values released
tesby the government.
Automated calculations of Company Act depreciation and IT depreciation values
tesfor the assets owned by the company.
Facility to calculate depreciation for assets purchased overseas through
tescalculation\conversion of asset value to Indian rupees using currency rate
tesprevailing on the date of capitalisation.
Assets codes are generated automatically for the company assets for easy
tesreference.
Comprehensive reports are generated for a well-structured information retrieval
tesand disbursement.
Facility to import data from Excel.
Features:
Master forms facilitate information gathering through a well-designed interface.
tesSome of the details covered by the masters are mentioned below.
tesa) Asset Groups are defined with information of group code,
tes tegroup name, category etc.
tesb) Asset Items are categorised under a group heading with item code,
tes teitem name.
tesc) Company locations are detailed under Country, State.
tesd) CA Depreciation percentages for various groups are stored.
tes teIT Depreciation percentages are also stored.
tese) Currency rates of countries where the company operates are
tes teupdated regularly.
tesf) Detailed information gathering of assets purchased with
tes teInward number, Purchase Order Number, Vendor Name, Bill Number,
tes teAsset location, Asset group, Item, Quantity, Amount.
tesg) The system generates in depth reports of the Masters information,
tes teGroup wise, Item wise asset reports.
tesh) This package generates Company Act Depreciation and
tes teIncome Tax Act Depreciation reports.
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We deliver top-class solutions
that provide high value at low cost
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| We value and cherish transperency
and integrity. We build and nuture customer relationships
and excelling in value added solutions |
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| We provide top class information
technology solutions through innovation and continuous process
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| Vision |
| We build enduring partnerships
with our customers. We use innovation at every step and deploy
technology that delivers |
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