10444 Gulfdale · San Antonio · Texas · 78216 · phone (210) 341-9188 · fax (210) 530-0102
Asset Database Features
  • Extensive standard data
  • 15-character Asset ID number or code
  • Numerous search options
  • General location for property tax reporting
  • Specific location notes
  • Various values including cost/basis, salvage, replacement, and insurance
  • Usage unit accumulations
  • Numerous tracking dates
  • Owned, leased, borrowed indicator
  • Notes and optional Extended Data
Flexible Depreciation
  • Up to 99 depreciation schedules per asset
  • Option to manually adjust calculated schedule for non-standard depreciation
  • Numerous methods including straight-line, declining balance, usage-based, sum-of-the-years digits, statutory, ACE, and non-depreciable
  • Partial period conventions of daily, full-year, full-month, half-month, half-year, mid-month, mid-quarter, and mid-year
  • Optional user-defined statutory methods
  • Amortization of intangible items such as prepaids - even credit items such as unearned revenue
  • Flexible rounding and weighting options
Minimal Data Entry
  • One-step entry of asset information
  • Optional use of ImportMate to create asset records from other files
  • Fast entry of usage information
  • G/L accounting is based on asset categories
  • Standardized property tax authority file
  • Standardized asset location file
  • Automatic G/L entries for acquisitions, disposals, depreciation
  • Option to import Fixed Assets
Management Reporting
  • Detailed asset listing per location
  • Asset valuation reporting
  • Asset trial balance
  • Timing difference report
  • Numerous depreciation schedules/reports
  • Asset usage reporting
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Fixed Assets

 

You can automate much of this workload with SouthWare's Fixed Assets.