Our fixed asset management system is dedicated to deliver comprehensive reporting of fixed assets accounts as well as repair and supplier accounts.
The Premier Fixed Asset Management service provides clients with the following standard functions:
- Review of items to be capitalized ensuring that they meet the standard accounting capitalization criteria;
- Posting of transactions in “Depreciation Solutions”;
- Review of fixed assets accounts, repair accounts, and supplier accounts to identify items requiring capitalization or vice versa; and
- Calculating depreciation, recording data in the Financial System and posting to relevant General Ledger codes.
