Asset Register

Like all the financials sub-modules, the Asset Register is tightly bound with the General Ledger.

Two Registers
Two registers are provided - a Tax Register and a Book Register.

Depreciation
Depreciation methods include Straight Line and Diminishing calculations and can be posted directly to the General Ledger on a monthly, quarterly, half yearly or annual basis.

Acquisitions and Disposals
Additions to existing assets may be included at any time. Asset disposals may be made at sale price, trade -in or write off.

Asset Groups
The grouping of assets by Location, Department and Asset Groups enables you to generate reports in a very logical format.

Reports
Reports include:

Depreciation Schedule
Asset Listings
Addition and Disposal Listings
Audits on Postings to the General Ledger.