FIXED ASSETS OVERVIEW

• maintains detailed information regarding each asset, including free format audit trail of all problems, repairs, etc.

• allows straight line or declining balance depreciation methods

• allows monthly and/or annual calculations

• calculates Capital Cost Allowance for any CCA class work centre)

• maintains detailed history on all transactions

• on system startup, will calculate accumulated depreciation

• produces Fixed Asset Ledger Report showing net value of assets at any time

• fully integrated with the General Ledger