Maintains the fixed assets information such as: asset code, name, description, original value, vendor code, purchase date, current value, location, cost center with dividing the assets to different groups.
Maintains the fixed assets depreciation information such as expected life, depreciation method, depreciation rate, start service date, accumulated depreciation ...etc.
Maintains all types of transactions such as depreciation, transfers, disposal ...etc.
Calculates depreciation on a monthly or annual basis or for any period.
Allows two types of depreciation methods which are fixed or decreasing depreciation.