www.zetasoftwares.com fixed assets zeta erp. flow panel
TRANSCRIPT
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WHAT CAN BE DONE
•Purchase of Asset
•Depreciation monthly
•Location Transfers
•Disposal
•Write off
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MAJOR FEATURES
•Any number of Locations•Any number of categories•Different depreciation methods for different categories.•One item in different locations and cost centers.•Automatic posting of depreciations•Insurance details attached with asset•Picture attached with asset•Suppler attached with asset.
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MAJOR FEATURES
• Integrated with finance module
• Reference document can be attached with
asset master
• Asset reports with option for new creation.
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FIXED ASSET CREATION
• Asset details like purchase date, supplier
name, cost price, insurance details,
depreciation details etc.. Can be saved.
• GL integration for finance posting can be
saved against each asset.
• Asset number, location and cost centre are
easily identifiable from asset master.
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DEPRECIATION
• Depreciation can be calculated either straight line
method or reducing balance method .
• Posted depreciation details against each asset
can view from the enquiry screen
• Ledger accounts updated automatically against
deprecation posting
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Asset Transfer
• Asset transfer used record the
transfer of asset from one
location to another
• No journal entry is posted against
transfer
• Asset transfer reports are
available
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Asset Disposal/ Write off
• Asset disposal or write off used to dispose the unused asset
• Journal entry posted in finance module against asset disposal and write off
• Sales revenue /scrap value received against the disposal of an asset.
• Write off an asset means remove it from the books of account by passing a journal entry.