KNOW THE LOCATION AND VALUE OF YOUR ASSETS

Tracking, valuing, and depreciating your assets is a time-consuming and tedious chore.
Fortunately, you can automate much of this workload with Fixed Assets.

Fixed Assets is a complete asset tracking and depreciation system. With it you can easily
keep track of the locations and values of your various equipment, furniture, machines,
buildings, and other assets. You get your depreciation calculations done for you, and you
can transfer asset and depreciation information directly to General Ledger. You can even
get asset reports by location to help you with your property tax reporting.

WITH FIXED ASSETS, YOU CAN:

• Keep current records on all your assets.
• Easily handle the recordkeeping and accounting for acquisitions and disposals of assets.
• Know exactly where each asset is located to help you with your property tax reporting.
• Have your depreciation calculations done automatically for you.
• Have your asset information and depreciation automatically updated in your
   General Ledger.
• Easily handle asset splits.
• Track asset usage such as hours or mileage.
• Handle many different depreciation methods and schedules for each asset.

ASSET DATABASE FEATURES

• Extensive standard data
• 15-character Asset ID number or code
• Numerous search options
• General location for property tax reporting
• Specific location notes

FLEXIBLE DEPRECIATION

• Up to 99 depreciation schedules per asset
• Option to manually adjust calculated schedule for non-standard depreciation
• Numerous methods including straight-line, declining balance, usage-based, sum-of-the-years
   digits, statutory, ACE, and non-depreciable
• Partial period conventions of daily, full-year, full-month, half-month, half-year, mid-month,
   mid-quarter, and mid-year
• Optional user-defined statutory methods
• Amortization of intangible items such as prepaids - even credit items such as unearned
   revenue
• Flexible rounding and weighting options

MINIMAL DATA ENTRY

• One-step entry of asset information
• Optional use of File/Date Importer to create asset records from other files
• Fast entry of usage information
• G/L accounting is based on asset categories
• Standardized property tax authority file
• Standardized asset location
• Automatic G/L entries for acquisitions, disposals, depreciation

MANAGEMENT REPORTING

• Detailed asset listing per location
• Asset valuation reporting
• Asset trial balance
• Timing difference report
• Numerous depreciation schedules/reports
• Asset usage reporting