Fixed Assets

Roadmap ERP's Fixed Asset module manages the entire cycle of the fixed assets of your business right from acquisition to disposal.

Fixed Assets

Roadmap ERP's Fixed Asset module manages the entire cycle of the fixed assets of your business right from acquisition to disposal. Have the luxury of viewing each asset through its category, location, concerned / sharing modules, and usage history. This module further enables you to maintain dual asset depreciation schedules, one for financial aspects and another for non-financial aspects. Ease of tracing each asset using an asset ID is another advantage that the module ushers.

Benefits

Gain complete control over the accounting procedures pertaining to your Fixed Assets as the Fixed Assets module takes care of the entire lifecycle of each of your Fixed Assets right from Registration till Sale or Scrapping.

Own the potential to convert GRN entry into a Fixed Asset record, and simplify the conversion process by eliminating the need for repeated entry of data.

Possess the competence to maintain dual depreciation books, one via Straight Line depreciation method, for the books; and the other via Written-Down Value depreciation method, for appropriating taxes.

Easily appropriate the share of the depreciated value of an asset to corresponding departments among which the asset's utility was shared, through the automated facility to actuate the same.


Enjoy the automated conversion facility of Capital Work in Progress into Fixed Asset when the work is complete and the Asset acquired.

Acquire automatically generated GL journals for every transaction involving a Fixed Asset.


Need help with implementation?

Roadmap's world-class professional services team is ready to help you.


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