Fixed asset system
One of the distinguished systems that help to follow up the financial position of the establishment by entering all entries in a simplified manner and extracting many detailed and total reports, starting from the ledger account and trial balances, all the way to the financial statements
Fixed Asset System Functions:
- Record all assets and their movements.
- Asset maintenance.
- Development of an asset without changing its age and development depreciation separately.
- Changing the value of an asset by deduction or increase.
- Storing, selling and transferring any asset.
- Evaluates the monthly and cumulative depreciation.
- The possibility of calculating the monthly depreciation of assets with linking the purchases movement to the suppliers’ accounts and linking all asset movements to the general accounts.
- Provide all the necessary reports to follow up the position of the assets and their whereabouts.
- Analysis of fixed assets according to classifications / locations / cost centers.
