Fixed Assets

You will receive a software solution that provides the tools to manage your investment in fixed assets.

A major benefit is the ability to track multiple fixed asset accounting requirements such as book, federal tax, state tax, and the like. Other benefits to you include the following:

  • Updates the general ledger automatically.
  • Provides complete asset accounting capabilities from acquisition to disposal including gain/loss, ITC recapture, etc.
  • Includes all standard depreciation methods and conventions.
  • Supports special depreciation methods such as days, machine hours, miles traveled, and units of service.
  • Accommodates capital budgeting including optional approval processing.
  • Allows attachment of electronic images of warranties, service records, etc.

Of course, you may have access to the Business Process Management and Knowledge Management tools available on all FMS products.