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The Fixed Assets module contains a set of programs that were designed to be useful in all types of businesses. These programs are particularly useful at the end of a tax or fiscal year. All Fixed Assets programs follow current IRS guidelines.

Amortization Schedule - Calculates amortization (payments as applied to balance and interest) for tax or loan purposes based on purchase amount, annual interest rate and number of payments. Suggested payments are calculated for a given interest rate and term but may be manually overridden with the desired payment amount before the amortization schedule is generated.

Depreciation Schedule - Calculates monthly depreciation on qualifying assets based on purchase amount, salvage value, estimated life, and investment credits.

Other Applications

The following applications are designed to work hand-in-hand with Fixed Assets:

"Fixed Assets" is part of the Basic System line of products, developed by Basic Software Systems.