Fixed Assets

ATWeb is an enterprise solution providing portfolio accounting in the context of a full set of financial modules.  This extends into Accounts Payable, Accounts Receivable and Fixed Assets.


The Fixed Assets module allows you to:

> Supports unlimited # of books for any Asset
> Straight-line and Declining Balance methods
> Manages 'switch' Depreciation 
> Structure default books by type
> Automate propagation of defaults
> Use Day, Month, Quarter, Year Conventions
> Discreet tracking of Partnership Assets
> Books and Depreciation maintained by Asset
> Group like Assets

In addition to standard Fixed Asset functions, the ATWeb Fixed Assets Module includes many advanced features such as support for virtually every acceptable Depreciation Convention and Method, including the Method Switch.

After assets are recorded and books have been assigned, the Fixed Assets module takes care of the rest, depreciating your assets and booking the required entries for you, with virtually no user interaction until you elect to retire an asset.