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Fixed Asset Entry is Used to enter information on each asset. A monthly or yearly depreciation calculation is used to calculate depreciation in the following methods: Straight Line, Declining Balance, Double declining balance, Sum of the years digits, Accelerated cost recovery system (ACRS), Alternate straight line (ACRS), and MACRS.

FEATURES

FIXED ASSETS

  • Used to enter information on each asset.
  • Monthly or yearly depreciation.
  • Depreciation calculation used to calculate depreciation.
  • Depreciations Include:
  • Straight Line
  • Declining Balance
  • Double declining balance.
  • Sum of the years digits.
  • Accelerated cost recovery system. (ACRS)
  • Alternate straight line. (ACRS)
  • MACRS

INTERFACE

  • Interface to General Ledger

BUILD REPORT

  • Used for creating simple reports

Other Applications

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

"Fixed Assets" is part of the Business Software Accounting line of products, developed by Business Software.