Asset Management

Asset Management is used to manage the depreciation calculations and reporting requirements to satisfy general ledger, tax, and all other depreciation books for assets. The product can be used for adjustments, transfers, disposals within a company, and the transfer of assets from one company to another.

The Asset Management application has flexible ways to define, structure and restructure assets. It can be used to record history records of all asset transfers and disposals and to keep an audit trail of all changes made to assets.