Asset Management

Asset Master Entry allows you to add, change and view information on an asset. The program stores the current values of a minimum of three (book, federal and state) reporting groups.

• Asset Master List gives you the ability to print a list of assets by asset, class, description, acquired period, disposed period, location, reference or asset account.
• Asset Code Change / Delete gives you the ability to change or delete an asset code without open or historical information being lost.
• Asset Classes allow you to add, change, delete, view or print information on reporting groups and asset classes.
• Depreciation Method Entry allows you to add, change, delete or view methods of depreciation. Methods that are supported are; ACRS, declining balance, MACRS, sum of the year's digits, straight line and user defined.
• Asset Research lets you view asset master information with options to view Depreciation History or report group information.
• Asset Depreciation Spread gives management a variety of tools for viewing and graphing asset depreciation history.
• Loan Amortization Spread allows you to calculate the principal and interest amounts for a user defined loan amount. The principal and interest amounts for each period with year to date and life to date totals are displayed, and optionally printed.
• Depreciation Set-up allows you to automatically generate the asset's depreciation amount as defined in the Asset Master Entry program.
• Depreciation Entry allows you to add, change, delete or view an asset's depreciation for a posting period.
• Depreciation Journal allows you to automatically post the asset depreciation amounts to the General Ledger and Asset Management History files.
• Depreciation Journal History gives you the ability to print a Depreciation Journal for any posting period stored on the system.
• Asset Depreciation Spread Report gives you the ability to print the Depreciation Spread in report form.
• Asset History Purges give you the ability to purge history through a given cut-off period.