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Blackbaud’s Fixed Assets stores all the information your organization needs to properly track and manage your assets. The system calculates depreciation based on built-in IRS formulas and tables or on custom depreciation schedules entered by you to suit your specific needs.
Fixed Assets enables you to depreciate assets accurately and efficiently. You can create historical asset transactions, track depreciation over multiple years and calculate depreciation based on user-defined periods. Asset records put important asset information at your fingertips including store purchase date, price, model, serial number, location and more. Use the Media feature to store scanned documents like a photographs, invoice and receipts. The auto-reminder feature can prompt you about scheduled maintenance on your assets.
Integration with Blackbaud’s other accounting modules saves you time. You can automatically enter an asset when creating a receipt from Blackbaud’s Purchase Orders, and you can post asset transactions to General Ledger in a snap. Reports help you keep tabs on the lifecycle of each of your organization’s assets.
"Fixed Assets" is part of the Financial Edge NXT line of products, developed by Blackbaud.