Fixed Assets module of ERP2ALL provides information and tools necessary to track and serve financial and tax reporting. Innovative and Sophisticated depreciation features perform calculations quickly and easily. Generate detailed business and tax reports in a click on a touch of a button. You can easily and accurately track an asset's purchasing and depreciation history, access related documents, view journal postings, tax information, maintenance records and more as it's integrated with Accounting & Finance Module of ERP2ALL. Other features are as follows:
- Lifecycle management tracks assets from acquisition through final disposition;
- Detailed asset profile provides complete depreciation history to assist with asset retirement management;
- Inbuilt customisable standard depreciation calculations methods such as straight line, declining balance;
- Multiple depreciation books associated with each asset allows users to calculate depreciation for various purposes including tax, corporate financials and for other purpose;
- Physical inventory of fixed assets is made simple with system-generated label to paste or attach with the assets;
- Automatic links to financial modules enables calculated depreciation entries to be posted directly to the general ledger;
- Simplify financial and tax reporting with automatic generation of business and tax reports and forms; and
- You have made significant investments in your equipment and other key assets. Now you can accurately and efficiently manage these assets throughout their entire lifecycle.