module's report writer. FIXED ASSETS. MANAGEMENT. Gain complete visibility
into your fixed assets and depreciation calculations so you can create accurate.
DATA SHEET
KEY BENEFITS WORK FROM ANYWHERE Create, approve, and fulfill sales orders from anywhere using any popular web-browser.
MANAGE ASSETS THROUGHOUT THEIR LIFECYCLE Account for assets from the time they are acquired until disposal. Enter information only once during a lifecycle since assets are shared by all modules and reports.
CUSTOMIZE FOR YOUR BUSINESS COMPLIANCE NEEDS Configure depreciation schedules with a predefined method, averaging convention, useful economic life, and recovery period. If needed, configure your own schedule.
SAVE TIME WITH AUTOMATION Automated entry, depreciation schedules, and workflow save you time and ensure that accumulated depreciation, asset values, and asset class balance reports are always up-to-date.
FIXED ASSETS MANAGEMENT Gain complete visibility into your fixed assets and depreciation calculations so you can create accurate financial reports, maximize tax benefits, and meet compliance requirements The Fixed Assets Management (FA) module maintains depreciation schedules for assets that you own, rent, or lease and is fully integrated with all other financial modules.
KEY FEATURES OF FIXED ASSETS MANAGEMENT Multiple depreciation methods
Select from a huge number of predefined depreciation schedules such as ARCS, MARCS, straight-line, declining balance, sum of years’ digits, remaining value, flat rate, and units of production. You can also define a customized schedule.
Tax benefit support
Acumatica provides multiple depreciation books, mulitple calendars, special depreciation bonuses, and tax benefit recapture to help you accurately account for complex tax rules.
Multiple depreciation books
Create depreciation books that do not update the general ledger for special tax and reporting requirements. Assign calendar years that are independent of your financial ledger if required for compliance.
ACCELERATE DECISIONMAKING Drill down reports and dashboards provide access to past information and insights into future needs to improve business decisions. Use one of several included reports or design your own with the module’s report writer.
Get started quickly by converting purchases into fixed assets using predefined depreciation schedules.
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CONTACT SALES • +1 888 228 8300
[email protected]
DATA SHEET
ADDITIONAL FIXED ASSETS FEATURES AND BENEFITS FEATURE
DESCRIPTION
Multiple asset Manage multiple property types including owned property, leases, rentals, and granted property. Track assets that are leased or rented to others. types
UNLOCK YOUR BUSINESS POTENTIAL WITH ACUMATICA Acumatica is a leading provider of cloud business management software that empowers small and mid-size businesses to unlock their potential and drive growth.
US tax bonuses
The US IRS code Section 179 specifies bonuses that reduce the depreciable basis for the first year of an asset's useful life. Acumatica supports these calculations as well as the ability to reverse these benefits if you dispose of the asset prior prematurely.
Fixed asset tools
Asset manipulation tools let you make mass changes to several fixed assets at once. These tools include processing depreciation schedules, releasing fixed asset transactions, converting purchases to fixed assets, and generating fixed asset calendars.
Customized calendars
Create different calendars for each depreciation book so you can match IRS reporting periods as well as internal reporting requirements.
Fixed asset classes
Group assets and simplify order entry for commonly used schedules by creating fixed asset classes.
TAKE CONTROL OF YOUR BUSINESS
Fixed asset reporting
Use reporting to help you manage asset acquisitions, disposals, asset balances, asset net values, future projections, and depreciation transactions. Drill down inside summary reports to review detailed transactions.
Successful companies know the value of having visibility and control over their business. Acumatica enables you to drive growth, manage costs, and be productive.
Depreciation schedule details
Specify details such as the averaging convention, convention period, useful life, and recovery period.
Multiple averaging options
Select different averaging methods such as full period, mid-period, next period, modified half period, full quarter, full year, full day, and more.
Purchase order integration
Convert purchases into fixed assets without re-entering data. Eligible purchases are automatically displayed to simplify the conversion process. Batch processing allows conversion of multiple assets at a time.
Built on the world’s best cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications such as Financials, Distribution, CRM and Project Accounting, powered by a robust and flexible platform.
PLAY TO YOUR STRENGTHS Every business is unique. Play to your strengths by doing what works best for your company. Tailor your business management software to fit your exact needs, no matter how specific your requirements.
EMPOWER YOUR PEOPLE
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Your business isn’t confined to four walls. Why should the people that impact your business be? Acumatica goes wherever your people go – anytime, anywhere, and on any device.
CONTACT SALES • +1 888 228 8300
[email protected]
