Fixed Assets

Softex Fixed assets system is an important part of Market Control Online ERP, which is controlling the company owned assets and long-term tangible ones, such as: equipment, cars, offices, and furniture.

It used to measure day-to-day operation to automatically calculate the depreciation rate and to generate income if including machines.

Nevertheless, Companies will be able to track the process well through adjusting entries on the system while using the financial part of the system if needed.

Inputs

• Defining the main categories for Assets
• Adding terms of current fixed assets
• Identify the beginning balance to start with
• Define assets data: Purchase date – Depreciation rate – Code – Serial number

Daily-Process

• Assets purchase
• Entries for assets depreciation
• Selling fixed assets, with profit / loss
• Assets diminution

Outputs

Large number of reports and analytics screens

• Assets statement
• Stocking of assets report
• All fixed assets purchase report
• Assets overview (Purchase date, depreciation rate, entries, total cost, net value)
• Fixed assets sold
• Capital losses or gains through sales process for assets
• Assets diminution report
• Depreciation rate report
• All assets depreciation report

In addition, a large group of reports that are too many to mention in this brief description of the system.

Why to choose Market Control ERP?

Well-tested technology with a large community of skilled developers. Versatile ERP system for auto-generating queries and reports. Options for storing and accessing data in a wide variety of formats.

• Reduce your cost, trace your payments and collect your money.
• Manage your day to day transaction and sensitive data with ultimate security and consistency.
• Ensure robustness and efficiency with no more worries about data loss, accidental power failures, or even data theft.
• Maximum productivity through a very friendly user interface.
• Deliver success to your business with a full solution based on academic knowledge and real experience.
• Explore opportunities! Decision making has never been easier with an intelligent reporting engine producing over 1800 managerial level reports.
• Tailored to match and suit various industry needs.
• Highly experienced support team delivering guaranteed efficient and timely support.
• Full control at your finger-tips with no more than a normal computer and internet connection.
• Shortest on-site Implementation time.