Fixed asset control is a function that is difficult to manage and is an ongoing problem for most businesses. It is an important function because virtually every business has assets that must be tracked and depreciated. The C/BOOKS® Fixed Asset module makes this task much easier. The system provides methods to track assets, their beginning cost, current value, method of depreciation and other management information required.

Flexible Asset Numbering System: An unlimited number of assets can be maintained, each with an alphanumeric code of one to 15 characters. The assets can be grouped by many types of categories for reporting purposes.

Depreciation Methods: A variety of depreciation methods are supported including straight line, double declining balance, ACRS, and sum-of-the-years digits.

User Defined Asset Control: Accumulated depreciation, depreciation expense and asset master accounts are user specified for each asset.

Reports: A variety of reports are produced including a listing of all assets by type, category and description, method of depreciation, and all other information maintained in the master file. The module also prints reports listing assets with original cost and current book value plus calculated depreciation for a specified period.

Powerful features include:

• Multi-company capability
• User defined depreciation tables
• Full Integration with GL module - depreciation records transfer into the GL
• Depreciation calculation can be re-performed on any period/year
• Detail and Summary Fix Assets GL Register
• Asset Book Value Report
• Asset Depreciation Report
• Asset Master Report
• Fixed Assets - fully interfaced with the Accounts Payable module
• Memo/notes system - allows the documentation of assets, etc....
• Fully customizable via C/Base 4GL Application Development tools
• Source code - for all reports is available at no extra charge.