![Fixed](https://accounting.bihorns.co/wp-content/uploads/2024/01/Fixed.jpg)
Fixed Asset Management System
The Fixed Asset Management program provides many features and capabilities that make asset management efficient and organized. It includes:
1. Definition of Fixed Asset Types:
– Ability to define an unlimited number of fixed asset types.
– Linking these types to default accounts automatically inserted into the asset card when defining a fixed asset within a specific type.
2. Linking Expected Life to Fixed Asset Type:
– Specifying the expected life of the asset and linking it to the fixed asset type, automatically including it in the asset card within that type.
3. Fixed Asset Tree:
– The ability to organize and index assets based on their nature and user needs in a hierarchical tree.
4. Fixed Asset Card:
– Contains a set of fields such as Arabic and Latin names, asset code, and type.
– Details about the depreciation method and expected life.
– Information about the accounting branch, purchase dates, and service status.
5. Default Accounts:
– Automatic insertion of default accounts in the fixed asset type card when defining an asset within this type, with the ability to modify if necessary.
6. Fixed Asset Operations:
– Ability to perform various operations such as purchase, acquisition costs, development, maintenance, disposal, sale, revaluation, and impairment.
7. Advanced Reports:
– Ability to review operations and reports in a summary or detailed manner according to different criteria such as purchase date, asset account, asset type, and more.
8. Depreciation Memo:
– Providing a window to process the depreciation memo with flexibility in specifying assets, periods, branches, and others.
These features help organize and facilitate fixed asset management operations effectively.