Fixed Assets Management System

FlexSystem Fixed Assets Management System is the all-in-one solution for asset inventory control, automatic depreciation, general ledger integration, reporting and effectively manage the assets at your fingertip.

FlexSystem Fixed Assets Management System is specially designed for an effective and accurate control on fixed assets, from its initial acquisition to disposal, including the gains or losses thereof. Flexible and periodic calculation of depreciation is available to support all depreciation method applied in different types of business. Moreover, its tracking function is able to capture important information in an instant.

Features Highlight:

Accurate Asset Management

Starting from purchasing to disposal of an asset, the system capable maintains all the assets activities for efficient asset management and accurate reporting.

Streamline Assets Entry and Tracking

Once the asset data is entered, user can easily establish and maintain asset information. The system provides online facilities to achieve speed data entry, reduce errors, and allow instant access to information.

Make Disposal Easy

When assets are sold, traded, or disposed of, user can dispose the assets partially or completely. A portion of an asset can be retired based on quantity or cost. When an asset is disposed completely, the system will automatically set up the disposal records, and calculate disposal gain/loss figures.

Mass Transactions Handling

With its mass transaction capability, user can update, dispose, or transfer similar groups of assets with a single transaction. It is particularly beneficial for departmental moves or company liquidations. The system automatically generates the update, disposal, or transfer transactions as if the data is entered one by one. Reset function is also provided for user to full control.

Keep Track of Assets Transfer

After an asset is acquired, user may need to relocate it or transfer accountability to another organizational unit. The system allows user to easily maintain and control over these assets transfers. Any assets can be transferred partially or completely. Partially transferred can be made according to quantity or cost. Whenever user transfers an asset or its component parts, the system will re-adjust the asset costs automatically.

Flexible Depreciation Method

The system automatically performs the calculations required to generate depreciation figures, which greatly minimize the time-consuming routine task for the assets maintenance.