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Fixed Assets

Written by Denisa Arjoca
Updated over 3 months ago

The Fixed Asset module controls the management of assets and stock assets. In this module you have asset acquisition and disposal, depreciation, revaluation and adjustments, and cost control. Ongoing management is linked to Procurement using Asset Orders for costs, and Plant Control for revenue.

Fixed Asset Register

  • Purchase and disposal of assets.

  • Depreciation of assets. Depreciation cost can also be automatically passed on to specified contracts, otherwise costed to the GL.

  • Revaluation of assets and handling of all accounts provided.

  • Management of departmental transfers and associated accounting.

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