Fixed Assets record-keeping and tracking is very important function for any organization. Upcrest provides this module out of ERP suite as an independent offering also.
The scope of this application includes:
- Fixed Assets Addition, Full/Part Disposal, Full/Part Write off working with full history & depreciation working of that fixed asset year wise.
- Cost break up of asset
- Depreciation process to allow compliance with Indian Accounting Standards as well as IFRS.
- Bar Code stickers generation to facilitate physical verification
- Physical Verification Lists
- Various reports on assets like Fixed Assets Register and depreciations. Such Register and Depreciation can be calculated monthly or up to a given date.
- Facility to import of data from other software’s to build Fixed Assets Register. There is a provision to show un reconciled items. This facilitates quick reconciliation between Accounting Record and Fixed Assets record.
- Historical data maintenance for fixed asset.