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:
- Documents and import files
- Input processing
- Core fixed asset software
- Output processing
- Reports and export files
Click on any of the boxes in the chart below to learn more about that specific topic:
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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.
Typically a depreciation report is run by accounting personnel to get the current calculation. This can be a monthly, quarterly or annual report that is previewed or printed by the user. Other times a digital record is needed for archive purposes or to email to another department.
Bassets eDepreciation includes several export options to allow any report to be saved or shared. These export options include:
- Microsoft Excel
- Adobe Acrobat
- Microsoft Word
For most purposes an Adobe .pdf file is the best choice. This represents an exact image of the actual report that can not be edited. An image of the report can easily be stored at month end for auditing purposes or to make it available for others. Additionally an image of a report can be attached to an email to answer any fixed asset questions.
Occasionally you may get a request for an editable version of a report. Another department may need the raw data for further analysis or to import into a different system. In these instances a report can exported and then further manipulated as needed.
The powerful combination of filter and sort options in Bassets eDepreciation allows for very flexible selection and formatting of fixed asset reports. These reports can then be shared or archived with our export options. Do you ever get requests to provide fixed asset and depreciation report in an electronic format? If so, Bassets eDepreciation provides a simple solution.
Questions or comments about this post? We invite you to respond in the space below.
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.