This module enables the user to use any depreciation method, which the system uses to automatically calculate the depreciation of fixed assets over a designated period of time.

• Entry of item information including description, model number and serial number, life in years, and item cost
• Maintenance of vendor information, purchase date, location, asset type, department, insurance coverage/amount
• Service contract information, service history including frequency and expiration date
• Dated, signed, unlimited note pad
• Cross-referencing capability for depreciation items
• Ability to use any method of depreciation
• Automatically calculates and displays dates, rate percentage, depreciation amount, accumulated depreciation, and book value
• Ability to review inventory layers
• Ability to view/print cost & revenue transactions chronologically per fixed asset
• Detailed depreciation report
• Monthly and yearly depreciation report
• Creates general ledger entries (asset, expense, & depreciation accounts)
• Comprehensive user reference guide
• On-line help screens which can be edited by the user