GASB 34 requires government and not-for-profit agencies to record and track their major assets – such as buildings, roads, operational plants, etc. The iDC software fulfills these new requirements with complete functions for tracking the acquisition, depreciation, and retirement of capital assets. Inventory equipment lists, insurance carrier lists, physical inventory count list, Statement of Changes in Fixed Assets, GASB 34 compliance, and full interface to the GL and CAPPS are provided.
"Fixed Asset Record Management" is part of the 4Gov line of products, developed by Information Development Consultants, Inc..