Fixed Assets

With Fixed Assets, you can define up to five depreciation books for customized valuations. Each inventory item can have different depreciation parameters such as method, years, salvage value, and extra depreciation. The Fixed Assets feature can handle Section 179 and other forms of accelerated depreciation, as well as compute depreciation for serialized items and multiple purchase lot bulk items. There are over 20 different standard depreciation methods to choose from with this feature. All General Ledger entries account for both the depreciation accumulation and the recapture on the disposition of the asset. Multiple reports are available for the depreciation accrued as well as the current book value of each piece of equipment.

For more information on how Fixed Assets works click here. To purchase the Contract Fulfillment module, contact our sales department at [email protected]