The Assets module provides features to manage and maintain both serialised and bulk assets.
Users can easily create or import asset records into the system or use the intuitive Pre-delivery Wizard to convert purchased stock items to company-owned assets. Complex procedures like revaluation, scrapping/disposal and returning assets to stock can be completed in a few steps. This module also offers the ability to create and process finance schedules for hire purchases and lease payments.
The Asset Depreciation procedure calculates book depreciation for assets using the preferred depreciation method – Straight Line, Diminishing, Utilisation or Variable Declining. A number of features are available to easily adjust tax and cost depreciation.