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The emGovPower Asset Management module organizes the physical assets of your municipality or utilities organization. This system will completely automate your depreciation, disposal and transfer calculations. All depreciations performed are automatically posted to the general ledger. To provide you with complete management access, you can perform an unlimited number of user-defined queries. The Fixed Assets module will be able to organize all of your attached assets, support multiple funding sources, and provide you with a fund activity report meeting GFOA standards.
Additionally, this module will keep a history of all financial transactions of an asset; as well as store information on custody, location and asset tag ID. The fact that this module will automatically transfer items from expense accounts, will enable the future year budgeting process. This module is a must-have product if you need to keep accurate records of your fixed assets, for accounting purposes.
"Fixed Assets" is part of the emGovPower Software line of products, developed by emGovPower.