Efficiently manage, maintain, and monitor your enterprise’s fixed assets (Property, Plant & Equipment) from a single location with Fixed Assets.
Key Benefits of Fixed Assets
- Access all fixed assets from a single location.
- Comprehensive data for each fixed asset from acquisition till disposal.
- Separate depreciation methods for each fixed asset.
- Fixed asset profile with complete information, ensuring easy and hassle-free disposal.
- Integration with accounts and financial reporting modules leading to accurate financial numbers for each fixed asset.
Key Features of Fixed Assets
- Access & track all fixed assets such as, machines, equipment, tools, land, buildings, furniture, vehicles etc. from a single dashboard.
- Track fixed assets from their acquisition till their disposal.
- Automatically create fixed asset depreciation entries into journals.
- Define depreciation method for each type of asset.
- Track machine assets separately including service and maintenance schedules.
- Create fixed asset profiles with complete depreciation history & asset disposal/retirement plan.
- Enter assets as a physical inventory with the help of bar-code and RFID integration.
- Track maintenance records for each fixed assets and build maintenance schedules.
- Manage financial and taxation requirement for each asset automatically with the help of integrated financial reporting and analytical tools.
Related Topics
What is Project Accounting in ERP?
Project Accounting in OmegaCube ERP helps manufacturers to comprehensively manage project budgets, inventory procurement, account for overhead costs, production costs, labor costs etc. With its integration with Inventory, order, purchasing and production management, manufacturers can accurately arrive at expenses and project profitability.
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Equipment Maintenance
Equipment Maintenance in OmegaCube ERP helps manufacturers to keep a steady track of maintenance planning and schedule of manufacturing equipment and machines. It helps them prevent maintenance-related breakdowns and potential production delays.
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