Overview
Use Asset Accounting to manage the
depreciation and reporting requirements to satisfy general ledger, tax, and other depreciation
books for assets. You can manage adjustments, transfers, disposals, and the transfer of assets
from one company to another.
This solution has flexible ways to define assets by location, division, and type, and to structure and restructure assets when they are transferred. History records of all asset transfers and disposals are maintained including an audit trail of all changes that are made to assets.