Fixed Assets
The Fixed Assets module provides a flexible, comprehensive system for tracking and depreciating assets. Because it provides user-defined depreciation methods and automated calculations, Fixed Assets requires little or no day-to-day maintenance.
Key Features
- Provides an inventory of all facility fixed assets by type or location
- Provides standard depreciation methods, including straight line, declining balance, sum of years, and non-depreciable
- Allows for creation of unlimited user-defined depreciation methods
- Automatically depreciates each asset based on book and/or tax methods
- Provides a simple method for entering and/or retiring assets
- Automatically sends depreciation figures to the General Ledger based on user-defined criteria
- Prints fixed asset schedules by book and tax methods
- Generates monthly and yearly depreciation schedules
- Provides acquisition/retirement reports by book and/or tax methods
When you're ready, contact us for a free demo to learn how the LifeCare family of products can address your organization's needs.
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