ISB Fixed Assets Module
Our Fixed Assets module easily tracks long-lived assets and automates depreciation.
Fixed assets form a major portion of any business' balance sheet. Our Fixed Assets module tracks assets, performs automatic depreciation, and optionally posts that depreciation into the General Ledger.
A variety of depreciation methods is supported, targeted at book valuation. The depreciation can be calculated over a configurable time period.
Periodic reporting shows the aquisition cost of each asset, depreciated amount, and undepreciated value remaining. A full history of depreciation transactions is archived and and available for review and analysis.
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