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The Fixed Assets system
provides a Register and Valuation of all Fixed Assets and is fully
interfaced with the General Ledger.
The Fixed Asset system keeps a complete financial record of each Asset,
and where appropriate works in tandem with
Plant Maintenance and Servicing,
which handles the operational life of the Asset. Depreciation of Assets is by Straight Line or Reducing Balance, and different Assets, or classes of Assets, can use different depreciation rates and methods. The system keeps a complete record of the Depreciation/Appreciation history of the asset. The Purchase, rental or loan history of the Asset is recorded as well as its Sale or Disposal cost. The system records the Insurance history with document fields that can hold copies of policy documents and other correspondence. |
Full Financial Record and History 
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Features |
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