Depreciation Books Features and Functions
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- Conducts asset transactions and reconciliations among multiple companies and divisions
- Flexible parameters for depreciation books
- Any number of assets can be listed in depreciation books
- Any number of fiscal periods or calendars can be listed in depreciation books
- Reports transfers between company and divisions in individual reports and consolidated reports
- Enters and tracks expensed items for property control
- Automatic end-of-period updates to G/L
- Updates fixed assets from an A/P entry
- Balances a manually entered fixed asset entry with the entry in the A/P records
- Updates F/A records automatically whenever a transfer or disposal is entered into journal
- Generates exception reports for F/A and A/P reconciliation
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Fixed Assets Features and Functions
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