Asset Catallogue

Detailed information about the assets from a single screen (from purchase to scrapping)

Store multiple status for an asset

Attach asset photo and related documents

Quick search that spans numerous items

Import/Export asset information for 3rd party integration

Insurance management of assets

Display depreciation information (location wise) in one screen

Asset disposal/sale handling

Asset value updation

Allocation of asset to multiple location/employees/cost centre

Easy to manage location transfer

Booking of profit/loss on asset disposal/sales

Main Features

Maintain detailed records of assets, tools, parts and personnel

Optimize inventory & track movement

Track insurance & service contracts

Track asset allocation

Full asset life cycle management

Extensive depreciation management

In-depth asset reconciliation

Exhaustive reports with multiple filters

Interactive dash board for visual analysis

Synchronized depreciation with accounting periods for accuracy

Integrated with Tally accounting & other financial management software

Benefits

Comprehensive asset management

Complete visibility on all assets and their impact on business decisions

Swift asset reconciliation with detailed analysis on various levels

Enterprise-wide asset control with fine-grain information retrieval

Improve performance through integrated processes and MIS reporting

Fully secured operation

Multi-level filters for data analysis

Appreciation / Depreciation

Fully compliant with statutory depreciation requirements

Two kinds of depreciation methods

Straight line and reducing balance, computed on monthly / yearly basis

Two levels of depreciation rates

Company and statutory basis

On-the-fly depreciation calculation until scrap value or user define figure

Side-by-side comparison of depreciation calculations by various methods

Comprehensive year-end process

Generates IFRS compliant reports

Cost centre wise depreciation calculation

Barcode & Stock Take

Generate custom barcodes for internal use

Print the barcodes with any desired layout

Perform complete stock take using integrated hand-held barcode scanners

Fully automated asset reconciliation showing missing and excess assets

Compliant with pre-printed barcode tags

Allocate / De-allocate tags from assets

Track asset movement across the organization

RFID tagging

Service Tracking

Record repair issues for an asset

Full tracking on assets leaving or entering the premises for repairs

Stores detailed repair information including cost, item repaired, vendor etc.

Analyses asset worthiness

Prints out control documents to track asset movement across the organization

Provides repair analysis on factors like suppliers, components etc.

Asset Tagging-Reconciliation

Asset tagging involves physical identification of assets across the organization and then attach barcode tags to each asset. Once the tagging is complete, the assets are recovered by means of asset stock take activity. This activity involves physical stock take of asset by scanning the tag of each asset using a hand-held scanner. Once the scanning is complete, the scanner is attached to the Smart Asset System for downloading of data. This data is then reconciled with the data stored in the database. After the software carries out reconciliation, a report is presented to the user stating whether the assets are in line with the database. This ensures that right assets are placed in appropriate locations.

Reports

In-depth reports covering:

Transaction analysis.

Purchase analysis.

Depreciation.

Service / repair management.

Movement analysis.

Allocation tracking.

Barcode tracking.

Insurance & log book management.

In-depth data analysis using pivot.

Asset movement.

IFRS compliant reports.

Audit trail.

System Configuration

Generate custom series of various identification numbers.

In-depth user rights for tight-control.

Printing and exporting of data from any screen.

On-the-fly filters for fine-grained analysis.

Multiple means of accessing the modules.

Colorful dashboard.

Work with multiple companies.

User friendly software version upgrade function.

Quick switching of financial years.

Plugins

Database back-up and restore utility.

Report writer integration.

OLAP cube reports.

Finance software integration.

Reports Writer

Design unlimited custom reports.

Drag and drop interface.

Export any report to multiple formats like Excel, PDF, HTML etc.

Multiple on-screeen filters for detailed analysis.

Grant access to an individual for any report.

Fully scalable