Fixed Assets allows you to manage the physical assets of your organization by tracking items as well as noting depreciations.
NOTE: The use of levels (such as funds and departments) is optional in the design of each chart of accounts. If the chart of accounts you are working with does not use levels then you would simply skip over information about these fields in the documentation.
Features and Benefits:
•Data tracked: location, class, vendor, and purchase order number, serial number as well as the accounts associated with the asset, extensive comment space.
•Information for replacement costs and projected replacement date.
•Warranty and contract information.
•Provides accurate way to manage long-term planning.
•Integration with General Ledger.
Refer to the Dashboard page for information about the widgets that display on the dashboard for each application.
This Section Includes: