Microsoft® Small Business Financials - Fixed Assets
Module
Take control and improve fiscal management of fixed business assets with convenient, flexible ways to automatically calculate, track, and post depreciation.
Improve financial effectiveness Track, analyze, and compare assets to boost asset productivity, maximize tax opportunities, and permit smarter purchase, deployment, or retirement decisions.
Streamline asset recording Capture asset information directly from purchasing documents and tailor records with customizable information to help distinguish similar assets.
Speed depreciation accounting Choose from 15 depreciation methods, 12 averaging conventions, and seven amortization codes to automatically compute or recalculate depreciation and post it to general ledger accounts.
Gain management flexibility Choose from three different methods for depreciating the same asset when maintaining multiple sets of books.
Ensure accuracy Keep books and reports accurate and up to date with links between debit and credit accounts, automatic reversals for corrected figures, and full integration with Microsoft Business Solutions Small Business Manager accounting and reporting products.
Features: Fixed Assets
Easy asset setup: Create and customize asset records with information already entered during purchasing or accounts payable activities.
Classes and groups: Identify asset classes and group similar assets to manage them together.
Lifetime asset tracking: Efficiently maintain and track asset acquisition information, depreciation methods, book values, and disposition records.
Intuitive data availability: Easily locate and review asset information with one-click access to purchase details, booking records, or other asset information you’ve chosen to track.
Flexible value assignment: Assign assets to as many as three sets of books and select different depreciation methods for corporate accounts, federal tax reporting, alternative minimum tax, or other needs.
Custom depreciation management: Choose from a dozen averaging conventions, including half year, full year, mid quarter, full month, full period, and many more. Select from seven different amortization codes for amortized values or depreciations that use a declining balance.
Automated accounting: Easily update, correct, recalculate, or reverse previous postings to general ledger accounts with effortless balancing of debits and reserves.
Integration: Efficiently share fixed asset information with Small Business Manager accounting, purchasing, and reporting products.
Microsoft® Small Business Financials - Fixed Assets