Maintain end-to-end control of your company’s fixed assets
With fixed assets data maintained in item master data, you can track fixed assets through their lifecycle, depreciate as needed, or transfer to other cost centers when necessary.
You can plan the depreciation of your fixed assets using popular depreciation methods such as straight line period control, declining balance, or multilevel. Depreciation can be calculated with the monthly base. You can appreciate a fixed asset by creating a manual depreciation document or perform a fixed asset revaluation.
SAP Business One enables you to purchase and sell your fixed assets using documents such as an accounts payable or accounts receivable invoice, a credit memo, or a reserve invoice. You can change the asset class of a fixed asset by creating a transfer document. In addition, you can apply more than one set of accounts to a fixed asset, so that the asset value and transactions can be posted to more than one accounting area at the same time.
Eliminate the guesswork of managing your assets with integrated, flexible software for depreciations and fixed asset management.