The Fixed Assets manages information of assets depreciation and disposal. It applies the straight line method for depreciation calculation. It can also generate related vouchers to the General Ledger module.
- User-defined useful life for each asset
- User-defined residual value for each asset
- Allow to adjust asset cost
- Apply straight line method for depreciation calculation
- Assets register by department, by location, and by asset type
- Periodic assets depreciation and disposal report by department, by location, and by asset type
- Automatic generation of vouchers for depreciation and disposal