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Even large companies can fall into the trap of tracking assets on custom-programmed systems, or even by hand. This disrupts the flow of data and isolates vital information so that it is isolated and not readily available. Macola’s Assets & Depreciation (A/D) makes asset tracking practically automatic.

With A/D you can easily enter asset acquisitions, changes, transfers, and dispositions. A/D also supports any of 5 first-year starting date conventions for depreciation methods, including MACRS, as well as 9 different reporting entities per asset for both book and tax purposes. And for security you can maintain an audit trail with all changes and deletions to the Asset Files.