Asset Transactions Features and Functions

• Online views of fixed assets and transaction records


• Online asset tracking


• Records details on leased property


• Current cost


• Generates reports using historical, constant, and current dollar value


• Generates reports on all leased assets, their details, and payments information


• Generates reports on all operating lease payments


• Retirement reversals


• Records values of asset appraisals


• Construction-in-progress reporting


• Designates adjustments as amortizations or expenses to cost, depreciation method, production capacity, or salvage value


• Maintains up-to-date data on depreciation for a group of assets


• Transfer asset options including fully or partially, current period or retroactively, and mass transfer


• Multiple asset retirement options based on period, cost, with trade-ins, etc.


• Generates transaction reports for period additions; transfers; disposals; and depreciation, by asset type and cost center.


• Generates gains and losses transaction reports by asset type and cost center


• Generates asset reports on additions, transfers, retirements, adjustments, ledger, property listing, and cost and reserve summaries


• Automatically calculates reserve