Fixed Asset Management Process Flow

The administration and management of fixed assets can be a very complex process. As assets are acquired they need to be entered into software where they can be tracked and depreciated over their useful life. Reports and exports can then be generated to answer any fixed asset or depreciation questions.

There are 5 levels in the chart below to show the flow of processing, from top to bottom they are:

  1. Documents and import files
  2. Input processing
  3. Core fixed asset software
  4. Output processing
  5. Reports and export files

Click on any of the boxes in the chart below to learn more about that specific topic:

Image Map

Questions? Comments? Let us know in the comments section below.

More information about Bassets eDepreciation software can be found at Bassets.net or depre123.com. At Bassets register for our live webinar, download a free evaluation copy and get a personalized pricing estimate. At depre123 try out our Free Depreciation Calculator and check out our cloud based fixed assets application.

Bassets eDepreciation – Data Import

Basset eDepreciation - Data ImportThe Bassets eDepreciation Data Import Module will easily import your existing fixed asset data. All selected fixed asset records will be imported from either Excel, ASCII text files or other fixed asset software programs.  A great feature is our on-screen preview which displays the existing fixed asset data in a simple spreadsheet like grid to assist in the field mapping. Bassets also allows for customized mapping of each field. A user defined import map allows each field in the source fixed asset data to be directed to the corresponding Bassets field and you can preview user selected sample fixed asset data for each field. No need to worry about mistakes because Bassets will verify the accuracy of all depreciation methods, first year conventions and recovery periods based upon the property type and acquisition date and then check each fixed asset record against the defined field lengths. When you process the import Bassets calculates fixed asset depreciation to tie out with existing total accumulated depreciation. It imports only the required depreciation schedules and will automatically build drop down or pick lists for any Master List fields.

Watch this video to see the details:

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More information about Bassets eDepreciation software can be found at Bassets.net. While there you can set up a demonstration, download a free evaluation copy and get a personalized pricing estimate.