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Fixed Assets

part of the municiPAL® product line, by Paragon Consulting Services, Inc.

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Features Include:

  • On-line interactive entry and update, with each record edited for valid fields and codes.
  • Virtually unlimited user-defined comments.
  • User-defined location hierarchy with unlimited tracking of assets moved among locations.
  • Warranties and similar information, including payment schedule and warranty period associated with any asset.
  • Multiple revenue sources can be associated with any asset.
  • Retirement history for assets or split assets can be tracked.
  • An unlimited repair history can be keyed.
  • Automatic and selective computation of depreciation by user selected funds.
  • Generation of depreciation reports for any time period.
  • Multiple depreciation methods.
  • Automatic and selective end-of-year computation of changes in accumulated reserves, net book value, and remaining life, with printed listing of each change by asset (other end-of-year calculations optional).
  • Flexible user-maintainable code tables such as property class, insurance codes, building and site codes.

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