MecWise ERP | Fixed Assets

Fixed Asset (FA) module is designed to help monitor fixed assets of the organization, accounting for and managing their fixed assets. The main objective of module is to provide complete management control over fixed assets and to eliminate time and effort normally associated with this task.

The module serves as an asset register and monitoring tool for tracking maintenance agreements. In addition, the module enables users to determine cost effectiveness between incurring further repair and maintenance cost and cost of replacement.

Some of the functional features of the fixed asset system are:

  • Provides a complete inventory of fixed assets, including location code and asset group code
  • Provides three most common depreciation methods that can be specified for an asset  Schedules for maintenance service, as well as monitor repair of fixed asset details
  • FA module automatically calculates amount of depreciation to be expensed for each asset
  • Other automatic transactions are generated whenever new assets are added, disposed, reclassified or adjusted
Fixed Asset | Screenshot

Features

  • Provides a complete inventory of fixed assets, including location code and asset group code
  • Provides three most common depreciation methods that can be specified for an asset
  • Schedules for maintenance service, as well as monitor repair of fixed asset details
  • FA module automatically calculates amount of depreciation to be expensed for each asset
  • Other automatic transactions are generated whenever new assets are added, disposed, reclassified or adjusted