Victory Information. for You

FEATURES OF FIXED ASSETS SYSTEM
Assets are individually identified and categorised.  
    (E.g. Computers, Land, Building)  
A record of supplier, invoice, date of purchase and insured value is maintained for each asset purchased.
Assets are recorded against a department, division or profit centre.
The depreciation rate is maintained separately for accounting and taxation purposes.
The depreciation can be summarised and printed for each category of fixed assets.
  The Fixed Asset Register as per required format (e.g. accumulated depreciation and net book value) can be printed at any time.
  A separate listing of all purchases of assets for any given date can be printed.
Balance Sheet  
  A tax allowance schedule is provided for each category of fixed assets within department, division or profit centre.
Fixed asset can be condemned or written off.
The system features all necessary client-transaction recordings and billing information to generate Standard Reports etc.
All values used in the system are user defined and therefore can be adapted to change at any time.
All standard fixed asset transactions are available.
Vast arrays of Management Reports are generated by the system to deliver accurate and timely information for effective business management analysis.
A high level of Security is held in the system using a User Level password system, providing complete data security and ensuring tight control on user access to various modules.
  All transactions provide Amend and Delete facility so that any entry can be instantly edited or corrected to maintain data accuracy.
 

REPORTS

  
  + Additions (Detail/ Summary)  
  + Disposals (Detail/ Summary)  
  + Transfers – (Detail / Summary)  
  + Depreciation Schedule (Detail/ Summary)  
  + Fixed Asset Register – Category wise  
  + Fixed Asset Register – Factory wise  
  + Inventory of fixed assets  
  + Fixed Asset Ledger  
     

 

Last Modified:2010-09-05