AssetWorks' AiM FAS - Fixed Asset Software is a great fit for many businesses.Â Find out if it's the right choice for you!Â Are you looking for a AssetWorks' AiM FAS - Fixed Asset Software demo, technical support, product or pricing information or to simply to compare AssetWorks' AiM FAS - Fixed Asset Software with competitive options? Quickly get answers and the information you need.
AiM FAS allows users to easily add new fixed assets, transfer assets among departments, funds, or locations, partially or fully dispose of assets, and generate a full range of compliant financial reports. With AiM FAS, fixed assets may be assigned to an unlimited number of departments and funds, allocated by percentage of the total cost.
With the ability to track and depreciate a fixed asset inventory based on user-dened asset classes, AiM FAS simplifies data entry of standard fixed assets while allowing individual overwrites for non-standard assets. AiM FAS users are able to define asset class defaults such as: useful life, capitalization threshold, and salvage value as a percentage of total asset cost.
An unlimited number of depreciation books can be customized, with separate financial reports being generated for each. AiM FAS users can define depreciation books by: asset classes, depreciation method (straight line, various accelerated, or variable) or timing (first-of-month, mid-month, first-of-year, etc.). Through transactions, AiM FAS provides the flexibility to extend or shorten the useful life of an existing asset, perform asset value impairment, and mark-to-market changes, impacting the future depreciation schedule without disrupting prior depreciation expense reporting.
Users of AiM FAS have access to a complete, auditable history, tracking asset relocations and transfers among funds and departments by date and user. Asset disposal transactions (both full and partial) are also tracked in an auditable history table while disposed amounts are reconciled financially, including gain/loss for each associated depreciation book.
AssetWorks' AiM FAS - Fixed Asset Software is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.