Fixed Assets Management Software

Enterprise Fixed Assets Management Software

FAMS Software that we offer is very simple, flexible and user-friendly tool. It is designed for Asset & Depreciation Accounting as per requirements of India Companies Act and Indian Income Tax Act. It allow you maintain the data relating to Assets, its locations, servicing and depreciation accounting.

Key Features are:

• Complete Asset records upto component level further broken into piece of cost.
• Powered Wtih RDBMS Technology ( Ms Access / Ms SQL / Oracle ) Compatible with ERP Solutions ( Navision , SAP)
• Compatible with Accounting Software Like ( Tally ).
• Compatible with any Barcode Lable Printing Machine.
• Master Data Import.
• Multi User / User Level Access
• Minimum User Entry
• Multi Company

Statutory Reports:

• Fixed Asset Schedule as per Companies Act , Income Tax Act & as per parent co abroad (MNC).
• Statutory format of Fixed Asset Register.
• Automatic calculation of Gain/loss as Per I.T. on disposal of assets.
• Different methods of depreciation viz. SLM, WDV, Expiry of Life of the asset.
• Daily Shift marking for calculating shift-wise depreciation.
• Taking care of forex loss and cenvat

Other Features:

• • Different accounting years for books ( companies act ), income-tax and MNC years.
  • Valuation Report for Insurance etc
  • Reminders for AMC, Warranty and Insurance Expiry
  • Complete management of AMC and Warranty Expiry and Servicing of assets.
  • Detailed Depreciation Calculation-asset wise, location wise and cost centre wise
  • Locationwise Data Access Control.
  • Various MIS Reports for Asset Acquisition and disposal
  • Relocation reports for assets as well as components.
  • Allows use of Account codes and export of Journal entries for depreciation .

It is a Windows based application. It has got powerful report writer which allow reports can be viewed or printed or exported to CSV, Excel etc.

Importing of Existing Data

Your existing Fixed Assets related data can be easily imported into this software with data provided in Excel / CSV format.

Charts

Allows you view charts & graphs related to Depreciation, Cost, WDV basis etc.

Report Writer

Software comes with a powerful & flexible report writer. Apart from all reports that are required statutory, one can design own custom reports selecting appropriate data fields. Such reports can be saved as templates for future reference and use.

Retrospect Depreciation Calculations

The software allow automate the calculation process saving huge amount of time and does away with human calculation errors.

Barcode Integration for Physical Verification of Fixed Assets

Software provides for integration of standard barcode reader which allow you use barcode technology for physical verification of Fixed Assets