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The FIRST OPTION BLUESKY FINANCIAL (formerly Daprex) Fixed Asset system provides comprehensive fixed asset management. Assets can be tracked by entity with an enormous amount of detailed information at your fingertips.
Asset product numbers, categories, classes, and types allow you to create a structure to correspond with your inventory if necessary and to meet all of your fixed asset needs. Fixed assets can be assigned serial, contract, and model numbers to fine tune asset management. Ownership and status codes define each asset’s useful life as well as its disposal. Salvage and residual value are maintained for fully depreciated assets.
Full blown depreciation and amortization schedules are included, including forbearance and capitalization. Maximum capitalization amounts per asset as well as forbearance or under construction months are available. Complete integration with the FIRST OPTION BLUESKY Accounts Payable and General Ledger applications insures timely and accurate recording of all monthly fixed asset depreciation transactions.
BlueSky Financials is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.