You have made significant investments in your equipment and other key assets. Now you can accurately and efficiently manage these assets throughout their entire lifecycle. SYSPRO Assets Register provides up-to-date, real-time information pertaining to the value of all assets within the organization by keeping a record of depreciation and current asset values. It also contains a facility which evaluates the remaining worth by tracking income and expenditures derived from your assets.
Key benefits of Assets Register
- Register of all assets, their details and values
- Multi-period accounting
- User-defined retention of history
- Asset budget approval and requisitioning against Capex
- Asset quantities and additions
- Full or partial disposal of assets
- Book and tax values, as well as alternative user-defined valuations
- Separate book and tax value depreciation codes
- Periodic and accumulated depreciation values
- Financial revaluation of assets
- Provision for initial and investment allowances
- Tracking of asset-related transactions
- Transfer of assets between companies, branches, cost centers and locations
- Asset counts, with an option for bar–coded labels
- Support for IAS 16 regulations
- Support for MACRS methods used by the IRS in USA