Global's iSeries™ Fixed Assets is a comprehensive, easy-to-use fixed asset accounting software system for complete asset accounting and asset management.
Fixed Assets maintains extensive fixed asset data (for depreciable and non-depreciable assets), providing the user with a single source of reference for control, analysis and management of all fixed assets from capitalization to retirement. Fixed Assets provides substantial flexibility, accommodating the depreciation policies and accounting methods used by most companies, while ensuring compliance with tax laws and GAAP.
This application increases productivity and reduces cost by saving time and giving management timely and accurate information, resulting in well informed decisions and budget planning.
Benefits include:
- Display or report depreciation for any period of the fiscal year at any time
- Short fiscal year calculations are supported according to IRS regulations
- Accommodates 52—53 week year including 13 accounting periods and unequal accounting periods
- Menu/option, database and field level security
- Print user authority for menus, options and database security for Sarbanes-Oxley controls
- Data validated online against tax laws & user defined tables
- Access to assets with 15 pre-defined asset inquiry options or user defined inquiries
- Specialized modules available (including multicurrency, inflation adjustment, data transfer, and import modules for additions, disposals, transfers and changes)
- Multi-currency, inflation adjustment and data transfer for specialized modules available