Gain complete control over the accounting procedures pertaining to your Fixed Assets as the Fixed Assets module takes care of the entire lifecycle of each of your Fixed Assets right from Registration till Sale or Scrapping.
Own the potential to convert GRN entry into a Fixed Asset record, and simplify the conversion process by eliminating the need for repeated entry of data.
Possess the competence to maintain dual depreciation books, one via Straight Line depreciation method, for the books; and the other via Written-Down Value depreciation method, for appropriating taxes.
Easily appropriate the share of the depreciated value of an asset to corresponding departments among which the asset's utility was shared, through the automated facility to actuate the same.
Enjoy the automated conversion facility of Capital Work in Progress into Fixed Asset when the work is complete and the Asset acquired.
Acquire automatically generated GL journals for every transaction involving a Fixed Asset.
Roadmap brought effectively controlled material management system across all the strategic units, leading to accurate financial data accumulation and aging visibility.Learn more
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