Product Asset Inventory

Asset & Inventory System

The Fixed Assets/Plant module acts as an Asset Register to record the financial status of an organisations asset. Fixed Assets can be integrated to both Accounts

Payable and Account Receivable for automating the purchase and disposal processes. Separate values/depreciation rates can be recorded for management and tax purposes. Records are analysed by company ownership, type, location and department/cost centre - these being used as the source to generate the General Ledger transactions for additions, disposals, transfers and monthly depreciation. Each asset record can be the sum of individual component records and can be limited to other 'grouped' assets.

Assets nominated as 'Plant' items, can have financial information (eg. costs and expense recoveries) recorded against them from the Accounts Payable, Project Costing and General Ledger modules to provide information that can be used to determine replacement timing, maintenance planning and/or recovery rate adjustment policies within the organisation.

Unique Features

• Integration with General Ledger, Accounts Receivable and Accounts Payable.


• User definable, unlimited period setup.


• Multiple companies.


• Sub-asset components and details.


• Book and tax basis of depreciation.


• Comprehensive audited transactions.


• Extensive and powerful audit reporting facilities.


• Depreciation forecasting scheduling.


• Unlimited transaction history and asset details.


• Insurance management


• Warranty management


• Owenership