The ALLIANCE™ Asset Management application provides a means of tracking asset activity from initial acquisition to asset retirement. Primary application functions include the calculation of asset depreciation, generating depreciation schedules, and maintaining historical information on all assets.
Thorough Asset Tracking-
Maintains asset information including asset number, description, serial number, acquisition date & cost, salvage value, new or used classification, group, department, depreciation method & start date, service life, active/inactive status and much more.
Depreciation Management-
Robust Options for Depreciation. methods to choose from in include Straight Line, Fixed Percentage, Fixed Percentage with Straight Line Crossover, Declining Balance, Declining Balance with Straight Line Crossover, Sum of Years Digits, Units of Production, MACRS (Modified Accelerated Cost Recovery System).
Complete Asset History-
Keeps historical information for each asset and allows for changes to the attributes of an asset including improvements and alterations.
Asset Management