Construction In Progress

This optional module for The Bassets Fixed Asset System provides the asset manager with the ability to manage multiple projects involving multiple invoice records. When a project has been completed, the asset manager would consolidate the multiple invoice records associated with the project into either a single or multiple asset records.

The consolidation process involves a user definable selection criteria based on seventeen data elements and those invoice records that match the selection criteria are then consolidated to an asset record in the Bassets Fixed Asset System. The Construction in Progress module allows the user to “un-consolidate“ an asset record that has been created by the consolidation process. This “un-consolidate” process returns the invoices back to an active status and removes the consolidated asset record from the asset table.