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De Facto Software Ltd.
Epsilon House
West Road
Ransomes Europark

Ipswich
Suffolk
IP3 9FJ
UK
 

01473 276555
 
 

Office Hours



Monday — Friday

 


Financials

Fixed Asset Control

Visible value

Calculate depreciation costs
accurately and automatically

Fixed Assets Software

Asset Control

Overview

Clear visibility of costs and cash values enables you to manage assets more effectively

  • Tighten control on future spending with simplified capex budgeting
  • Grouping of assets can be business specific, enabling quick identification of obsolete assets or redeployment of low use assets
  • Own build assets can be simply accounted for – easy to convert stock items to fixed assets
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More Detail

Manage assets effectively with clear visibility of cost and values

Clear visibility of the cash value tied up in assets is provided by our Fixed Asset Software. This ensures that the Fixed Asset Register, including cost, cumulative depreciation and net book value always reconciles back to the Nominal Ledger values.
 

Control capex spend and asset budgets

Within De Facto® Fixed Assets Software, purchase orders are raised for fixed assets, enabling the business to benefit from purchase control rules already set. Purchase orders also allow visibility of lead times and asset cost commitments.

Capex budgeting is simplified using the recorded replacement values and dates. This allows the Finance Director clear visibility of future spending.
 

Maximise asset use and identify obsolete items

The Fixed Asset module allows the use of business specific grouping of assets, working independently of the Nominal Ledger. These could be useful to quickly identify obsolete assets or to maximise use of assets by identifying low use assets for redeployment.
 

Convert stock items to fixed assets such as own build equipment

Stock items can be converted to fixed assets, including adding internal labour costs through our Job Costing Software. This means that own build assets can be simply accounted for. Component parts, for example lease hold property improvements, can be added to the original asset and depreciated in sync.
 

Calculate and post depreciation accurately and automatically

Depreciation calculations used in Management Accounts are made more accurate by the use of asset specific depreciation rates, with the ability to define detailed deprecation methods. Depreciation calculations take account of activation dates and residual values of assets.
 

Define asset accounting to output multi-level information

Accuracy of information in Management Accounts is also improved by the recording of cost centres for individual assets for depreciation posting and Return on Capital Employed calculations.

 

Get in touch

Contact us today to discuss your business needs with our software team.
Phone icon  01473 276555
 


 
 
 

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