Fixed Assets

Norming Asset Management For Sage 300 ERP ACCPAC
The Asset Accounting module provides the basic functionality for processing asset accounting transaction, including acquisition, depreciation, adjustment and disposal. Asset merge and split are also available in this module.

Acquisition
Acquires the WIP or normal asset. Integrates with PO to manage the asset acquisition process.
Issues IC item to create WIP or normal asset.
Acquisition entry books the transaction and defines the asset information.
A/P invoice batch is automatically created from acquisition batch.

Depreciation
Separates depreciation for book or tax purpose respectively.
Runs depreciation for a range of assets for any number of periods.
Depreciation calculation uses standard or user-defined formula.
Depreciation can be reversed back to beginning period of the current year.
Depreciation Projection facilitates the financial planning.
Fully supports the US MACRS/ARCS rules and Canadian Tax Pooling.

Adjustment
Changes asset value or salvage value for book or tax purpose .
Changes asset year depreciation. .
Transfers assets between cost centers, and locations. .
Changes asset life, depreciation method and rate for book or tax purpose.

Disposal
Asset is disposed at user-specified proceeds amount with user-defined proceeds account
AR invoice or IC receipt can be generated from asset disposal batch to handle the proceeds process .

Merge/Split
One asset is split to multiple assets .
Multiple assets are merged to one asset

Reports
Batch Listing.
GL Transaction
Provisional Revaluation
Accumulated Depreciation
Depreciation by Period
Depreciation Projection
US Depreciation Worksheet
Asset History
Capitalization Analysis
Asset Listing
Asset Schedule
PO Receipt Audit List
Master Assets and Components