Is GRMS right for your business?

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  • Provide detail asset records to support.
  • General Ledger fixed asset control amounts.
  • Monitor asset depreciation calculation and values depending upon asset life and remaining asset value. Produce periodic reports of asset cost, depreciation amounts, methods classification, etc.
  • Reduce clerical costs for asset maintenance and net value calculations.
  • Promote greater control over fixed assets.


  • Supports multiple companies and/or divisions.
  • Comparison of simulated and live depreciation books.
  • User defined fiscal period depreciation calculations.
  • Post depreciation amounts by asset on a monthly, quarterly, or annual basis.
  • Ability to group similar assets into a specific classification.
  • Depreciate any asset by one of 25 standard depreciation methods.
  • Provide multiple asset groups for one asset General Ledger account.
  • Record asset disposition and disposition methods.

REPORTS (Sample List)

  • Adjusted basis schedule
  • Fixed Asset additions
  • Depreciation schedule
  • Fixed Asset schedule
  • Book comparison for Alternative Tax method adjustments
  • Depreciation/Amortization summary

Other Applications

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

"Fixed Assets" is part of the GRMS line of products, developed by GRMS.