Asset Management Program is a computer system designed to efficiently and systematically organize and track all the assets owned by the company or organization.
The asset register
Recording assets by their different types and allocating them to cost centers (projects or departments) along with depreciation rates.
Depreciation
Specify the asset’s lifespan, and the program will automatically create monthly depreciation entries until the asset’s value is fully depreciated.
Purchase and Receipt of Assets
Purchasing from suppliers and receiving assets in warehouses, including printing barcodes and linking them with RFID tags
Asset inventory
You can conduct asset inventory manually at any time or use Data Collectors or RFID devices for automation.
Selling, scrapping, and valuation.
Assets can be fully or partially disposed of, sold, or revalued, with automatic creation of accounting entries.
Scheduling maintenance and repairs
Tracking regular maintenance and repairs, with expenses allocated to assets
Managing contracts and warranties.
Alerts for maintenance schedules, contracts, licenses, insurance, and leases
The documents
Attaching documents and notes to assets, including contracts, licenses, and insurance.
Location and status tracking
Recording assets’ check-in and check-out, and transferring them from one cost center to another (department or project).
Asset leasing
Recording lease data and tracking check-ins and check-outs.
Revaluation
The asset can be revalued based on market price, with automatic recording of accounting entries.
Reports
A comprehensive set of reports and analyses about assets, maintenance costs, and their value.
Free trial
14 days
