Fixed Asset Depreciation (accounting)

Download Fixed Asset Brochure Download Fixed Asset Brochure

Why InterAcct Fixed Asset Depreciation?

  • Integrated Design
InterAcct allows you to create a database of assets currently in use, while calculating the depreciation entries which are automatically posted to the General Ledger
  • Asset Disposals
Fixed Assets Disposals are recorded via the General Ledger sundry Cash Receipts. The depreciation values, plus any capital gain / loss are calculated and posted
  • Classifications
Fixed Assets can be classified in many different ways for searching and reporting
  • Scheduled Maintenance
InterAcct records supplier, insurance, warranty and service details for each asset. Maintenance can be scheduled
  • Speed
InterAcct has a strong focus on the speed of data input, accuracy and simplicity

 

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