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Solution-IV™ Fixed Assets is designed to help you manage your assets and calculate depreciation. You may have as many depreciation calculations on an asset as required for your business. Different calculations might be used for book, federal tax, and state tax purposes.
A variety of reports are available showing you the value of each asset for book, tax, and insurance purposes. Acquisitions and retirements are handled with appropriate postings to General Ledger, if desired. Other reports compare depreciation methods, project depreciation over the life of the asset, and show depreciation taken in prior years.
"Fixed Assets" is part of the Solution-IV Accounting line of products, developed by Thoroughbred Software International.
Solution-IV Accounting is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.