Is Asset Management right for your business?

Asset Management is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a Asset Management demo, technical support, product or pricing information or to simply to compare Asset Management with competitive options? Quickly get answers and the information you need.

Flexible Asset Numbering & Powerful Transaction Process

  • Asset ID consists up to 72 characters with up to 9 segments, automatic numbering is enabled
  • Unlimited optional fields can be defined and assigned to asset register
  • Convert PO receipt to asset acquisition entry automatically
  • Create G/L transaction and A/P invoice automatically from asset acquisition batch
  • Check batch-driven depreciation prior to posting
  • Change asset value, YTD depreciation, estimated life, depreciation method
  • Transfer asset between cost centers, locations
  • Create AR Invoice automatically from asset disposal transaction
  • Bulk disposal facilitates the disposal processing for a range of assets
  • Split one asset into multiple assets, or merge multiple assets into one

Flexible Asset Numbering & Powerful Transaction Process

  • Calculate depreciation using standard or user-defined formula
  • Depreciation periods switch on/off the asset depreciation
  • Depreciation projection is enabled
  • Depreciation calculation log reports the processing result

Lease Contract & Billing Processing

  • Set up multiple lease rates for assets
  • Maintain asset lease contract and billing schedule
  • Recognize lease revenue against asset lease contract
  • Create AR invoice to bill customer for leased-out assets
  • Create AP invoice to distribute expense for leased-in assets
  • Track asset lease history and billing schedule

Multicurrency Support

  • Acquire assets in any currency that vendors use
  • Calculate unrealized gains /losses for assets as exchange rate fluctuate
  • Adjust asset value in source or functional currency
  • Disposal proceeds in source or functional currency

Maintenance Schedule & Expense Processing

  • Create maintenance order to schedule the asset maintenance
  • Process asset maintenance expense with maintenance order, and Create AP Invoice for maintenance expense automatically

Related Products

The following software product lines are also offered by Norming Software International: