Fixed Assets

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The Fleet-Net ® Fixed Assets program provides a very easy-to-use method for managing assets and depreciation. It enables users to automatically allocate depreciation expenses to each funding source based on the percentage of federal, state, and local/operator funds used for the acquisition. The Fixed Assets database provides several different ways to search or report on assets. Bar code interfacing is available.

Identify and track individual assets.

	Date acquired, date last depreciated, date last counted.
	Date fully depreciated, date retired.
	Description, classification, vendor name.
	Asset tag #, location, condition, use.
	Model number, serial number.
	State grant number, federal grant number.
	Asset cost, salvage value, current depreciation, book value.

Calculates monthly or annual depreciation.

Uses straight line method considering % of state, local, federal, and operator participation.

Interfaces to General Ledger.

	Class codes generate entries for accumulated depreciation, depreciation expense, amortization or prepayment accounts.
	Capital and grant accounting available for federal, state and local grants as well as offsets to accumulated earnings.
	G/L depreciation detail by individual asset.

Bar code tracking option available for annual physical audit.

Standard reports and inquiries available several different ways.

	Reporting or inquiry by asset #, description , vendor name, date acquired, asset tag #, previous tag #, location, model, serial number, federal or state grant number, asset class, asset type, or person to whom asset is assigned.
	Asset inquiry.
	Depreciation report.
	Asset file listing.
	Fully depreciated assets.
	Asset audit trail list.
	Grant reporting.
	Assets purchased or disposed of during current fiscal year.

Please call us toll free at (800) 258-2762 or e-mail us at:

support@fleet-net.com

Last Updated: Thursday, May 07, 2009 03:48 PM