Fixed Assets

“Know The Real Value Of Your Assets”



 

Optimum Fixed Assets module records all the fixed assets bought or capitalized, whether tangible or intangible. It manages assets related documents, assets tracking, and assets maintenance. It keeps track of all assets movements.

 

The system maintains full financials related to Fixed Assets. Depreciation can be calculated using all universally accepted depreciation methods. It manages all types of asset disposal. It has a full-fledged reporting and inquiry system.

 

Fixed Assets Functionalities:

  • Assets Registration & Profiling
  • Assets Documents
  • Assets Tracking
  • Assets Maintenance
  • Assets Financials
  • Dashboards, Reports & Inquiries

Optimum Certificates
Why Optimum?
Product Specific
  • Assets Tagging
  • Assets Barcoding
  • Assets Depreciation
  • Assets Administration
  • Assets Register With Pictures
  • Assets Documents
Product General
  • Business Intelligence Reporting
  • In-Built Document Workflow
  • Bi-Lingual Arabic/English
  • Powerful Security Control
  • Fully Integrated ERP
Technologies
  • Internet / Intranet Base
  • Accessible Through Any Browser
  • ASP.NET & C# Development Tools
  • Microsoft SQL Database
  • Mobile Application

Functionalities

 

Fixed Assets Registration & Profiling module provides the faciliity to create and maintain full profile of any assets which includes Asset Description, Asset Financials, Asset Pictures, Asset Documents and Asset Maintenance records. The profile is electronically maintained and controlled through a preset workflow or selected workflow for approval.

Fixed Assets Registration & Profiling can also be used as summary of complete asset details in one screen providing users the birds-eye view to the users. 

Fixed Assets Profile Functionalities:

  • Fixed Assets Summary
  • Fixed Assets Financial Summary
  • Fixed Assets Vendor Details
  • Fixed Assets Inquiry & Reports
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Unique Features
  • Product Specific
  • Full Asset Details 
  • Financial Summary
  • Documents Summary
  • Asset Pictures
  • Asset Status
  • Asset Documents Summary
  • Product General
  • Supporting Document Attachment
  • In-Built Approval Workflow
  • Posting Alerts (Emails, SMS & Push Msg)
  • Powerful Security Control
Sample Screens
  • Assets Profile
  • Asset Regisration
  • Assets Inquiry
  • Business Intelligence
 

Fixed Assets Documents module maintains all documents related to assets in an easy and flexible way providing users with faclity to attach and view related documents at any time. The documents are electronically maintained and controlled through a preset workflow or selected workflow for approval.

Fixed Assets Documents can be used to maintain all kinds of dcuments with expiry dates, based on which system can send reminders to users to renew the documents. 

Fixed Assets Documents Functionalities:

  • Documents Listing
  • Documents Upload
  • Document Expiry
  • Documents Inquiry & Reports
Optimum Certificates
Unique Features
  • Product Specific
  • All Assets Related Documents
  • Expiry Alerts
  • Documents Renewal
  • Uploads in any format
  • Documents Status
  • Documents Inquiry
  • Product General
  • Supporting Document Attachment
  • In-Built Approval Workflow
  • Posting Alerts (Emails, SMS & Push Msg)
  • Powerful Security Control
Sample Screens
  • Documents Input
  • Documents Listing
  • Documents Upload
  • Business Intelligence
 

Fixed Assets Tracking is the state of the art functionality providing the complete bar-coding and tracking of assets. Bar-codes can be created and printed from system using any bar-code printer. Assets can be then tracked and reconciled using the hand-held bar-code scanners. 

Fixed Assets Tracking also helps in generating and posting of variance entries based on the physical count of aasets. 

Fixed Assets Tracking Functionalities:

  • Fixed Assets Bar-coding
  • Fixed Assets Reconcilliation 
  • Fixed Assets Variance
  • Fixed Assets Inquiry & Reports
Optimum Certificates
Unique Features
  • Product Specific
  • Auto Bar-coding
  • Bar-code printing 
  • Assets Tracking
  • Assets Physical Count
  • Assets Variance
  • Assets Tracking Inquiry
  • Product General
  • Supporting Document Attachment
  • In-Built Approval Workflow
  • Posting Alerts (Emails, SMS & Push Msg)
  • Powerful Security Control
Sample Screens
  • Assets Bar-coding
  • Asset Reconcilliation
  • Assets Inquiry
  • Business Intelligence
 

Fixed Assets Maintenance module is used for recording and accounting for all maintenance carried on the assets throughout it's life. The maintenance cost and the corresponding effect on asset's financials, depreciation and life are calcualted as per international accounting standards. 

Fixed Assets Maintenance also has the functionality to maintain maintenance schedules and generate alerts and reminders for users when maintenance is due

Fixed Assets Maintenance Functionalities:

  • Maintenance Records
  • Maintenance Financials
  • Maintenance Schedule
  • Inquiry & Reports
Optimum Certificates
Unique Features
  • Product Specific
  • Record All Maintenance
  • Maintain Maintenance Schedules
  • Alerts and Reminders
  • Miantenance Documents
  • Maintenance Reports

 

  • Product General
  • Supporting Document Attachment
  • In-Built Approval Workflow
  • Posting Alerts (Emails, SMS & Push Msg)
  • Powerful Security Control
Sample Screens
  • Assets Maintenance Schedule
  • Maintenance Financials
  • Maintenance Inquiry
  • Business Intelligence
 

Fixed Assets Financials Module is the comprehesice solution for recording and processing all financial details against any asset including procurement and depreciation of assets. System uses fixed-line depreciation method to run depreciation every month based on asset life. 

Fixed Assets Financials maintains the exact net book value of the asset and can also calulate gain or loss upon sale of asset. Relevant accounting entries are automatically posted to the General Ledger.

Fixed Assets Tracking Functionalities:

  • Fixed Assets Depreciation
  • Fixed Assets Disposal
  • Fixed Assets Othe Financials
  • Fixed Assets Inquiry & Reports
Optimum Certificates
Unique Features
  • Product Specific
  • Automated Depreciation
  • Fixed Assets Financial Categories
  • As per IAS and IFRS
  • Net Gain/Loss on Disposal
  • Depreciation Schedule
  • Financials Inquiry
  • Product General
  • Supporting Document Attachment
  • In-Built Approval Workflow
  • Posting Alerts (Emails, SMS & Push Msg)
  • Powerful Security Control
Sample Screens
  • Depreciation Process
  • Asset Ctaegories
  • Depreciation Inquiry
  • Business Intelligence