The Assets Registry module incorporates the recording of all the capital expenditure items which are used for own use and not for sale purpose. The module handles all the process starting from purchase of items till disposal and between them there will occurs lots of activities including calculation of depreciation of items, transferring items from one location to another or one department to another, selling of items etc.
The manipulation of software starts off with parameterization of master items. Assets Type, Depreciation rate, Depreciation Method, Department, Location, Assets code are some examples of master items. Once master items are entered the rest of the jobs are automatically done by the system itself. Such jobs includes, calculation of depreciation, creating journal to make accounting treatment, calculation of loss or gain while disposing etc.
The system incorporates various reports that make known the events and activities of the module. There are two types of reports grouped for different purpose. One is general report that is generally viewed by all level of staffs including management level staff and lower level staff. Another is MIS reports which is basically viewed only by upper level staff. Those reports can be viewed in computer screen as well as can be printed in the printing device such as printer. User doesn't have to make extra input to generate those reports.
They are automatically created after events are occurred and entries are made. There is a quite flexibility during generation of those reports. There are a lot of filter conditions that upon using, user can scan data as per their requirement. For a simple example, if user wishes to view the list of assets, user can filter data by giving criteria a range of inputs by giving a range of date, by filtering location, by department etc.
|
