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The MCBA Assets and Depreciation package provides you with the ability to keep track of a company’s fixed assets and to calculate the depreciation costs for those assets.
The package incorporates the ACRS (Accelerated Cost Recovery System) depreciation method including pre-1987 and post-1986 methods as well as a wide range of traditional depreciation methods. The choice of depreciation methods and the ability to define up to nine different sets of books, each book being known as a reporting entity, provides the user with considerable flexibility.
"Fixed Assets and Depreciation" is part of the Quantum Accounting line of products, developed by MCBA.
Quantum Accounting is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.