Fixed Assets Management – Motakamel Plus ERP
An integrated fixed-assets system that defines an unlimited number of asset types, tracks their movements, documents changes in their value, links assets to their physical locations, calculates their depreciation, and follows modern accounting principles in recording, follow-up and valuation.
Key functions
- Approve the addition of an asset and activate its use, individually or in groups.
- Register an asset at a specific location and hand it over to an employee according to their related duties.
- Record all movements on the asset: additions, maintenance, disposal or transfer.
- Produce asset count lists to match against physical assets and record the result.
- Record asset depreciation for the specified period according to the standards the company adopts for each asset.
- Post to the asset-related accounts with the accounting entries generated by the different operations.
- A range of analytical and summary reports on assets in all their states.
Key benefits
- Charge each period with its own share when depreciation, additions or disposals are processed.
- Link assets to locations, cost centres, activities and projects.
- Track each asset's movements, whereabouts, counts, depreciation and changes of status.
- Depreciate assets to the nearest day or month, and handle depreciation of suspended and fully depreciated assets.
- View an asset's productive efficiency and the expenses spent on it.
- Provide forward-looking data on assets and their remaining useful lives.
- A wide range of reports: asset data, movements, depreciation and more.
