ÉLAN FIXED ASSETS

Fixed Assets is an asset management system that helps maintain an accurate equipment and property inventory. The software makes it easy to maintain an asset inventory that supports the balance sheet. Fixed Assets is fully integrated with ÉLAN Financials.

The Fixed Assets module allows you to create categories for different types of assets. Different depreciation rules can be established for each of the asset categories. A system option allows you to have assets automatically created when purchase invoices are allocated to specific General Ledger codes. For example, when an invoice is received from a vendor and allocated against computer hardware, the system will create a corresponding asset in the fixed assets module. This feature helps to improve accuracy and increase productivity by alleviating the need for double entry.

Assets can be identified by descriptive detail, department, location, serial number, category or invoice information. Assets can easily be transferred between departments or disposed of. Fixed Assets provides reports on new assets, transfers, disposals and depreciation. Along with the system programmed reports, the software contains a query tool for on-line and user definable reporting. To save from double entry, the monthly depreciation process creates a journal entry into the general ledger.

The best way to know if we're right for you is to see a demo. Call 1-800-234-4674 or email us: sales@msgl.com and we'll set up an online or onsite demo of the latest release.

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