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Fixed AssetsFinancial Management

Asset records and depreciation calculation

The Fixed Assets system keeps asset details, groupings, tag numbers and locations alongside depreciation rules. Recording asset transactions and costs that affect asset value helps calculate book value and depreciation. Linking asset accounts to financial operations makes it possible to trace the accounting impact of changes to fixed assets.

Benefits of Fixed Assets

  • Access to asset profiles and locations
  • Depreciation calculated according to defined rules
  • Tracking of asset costs and value changes
  • Asset transactions linked to accounting

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