Product Overview Introduction Security Accounting Years Categorization Depreciation Rates Asset Acquisition Sale/ Transfer Depreciation Cal Retrospective Changes Income-tax Cal Standard Reports

Introduction Runs on Windows 95/98/NT/XP/2000 MS Access for Single User and MS SQL Server for Multi User Fast Implementation by importing current asset data from MS Excel Export all reports to MS Excel

Accounting Years Accounting year as per Books of Accounts can be defined Accounting year as per Income-tax Act can also be defined Jan to Dec Apr to March Company’s Accounting yearStatutory Accounting year

Asset Categorization Category Level I Fixed Asset Category Level II Category Level III Main Location Sub Location Physical Location DepartmentCost CentreUser

Asset Acquisition Fixed Asset Categorization Identification Cost / Qty Accounting UDF Category/ Location/Department/User/ Cost Center Auto/Manual Asset ID/ Physical Tag Cost / Cost Break-up / Modvat/ Foreign Cur Voucher / PO / Vendor Details 5 Text 5 Date Fields Copy / Paste Import from Excel

Other Transactions Fixed Asset Sale / Discard Transfers Split Verification AMC Auto calculation of Gain / loss Transfer In / Out * Department * Location Two levels of Splits Update Physical Verification Data Update AMC Renewals

Depreciation - Books Depreciation Calculation / Posting Rates Max Write Off 100 Write Off Period Manual Editing User Defined Rates/Method for each category / Year Can be defined for any category e.g. 95% Cost threshold for 100 % write off eg Can be calculated Monthly/ Yearly etc Calculated Dep. can be edited manually

Depreciation – I Tax Depreciation Calculation / Posting Rates Op WDV Classification Form 3CD Schedule User Defined Rates for each Block / Year Start from any A.Y by entering Op WDV Less than / More than 180 Days Report Dep. Report required for Tax Audit Purpose Dep. Schedule as per I Tax

Reporting 31 Useful Standard Reports Several Filters View Complete History of Assets on Screen Export Viewed Txns. To MS Excel

Depreciation- Retrospective Changes Category Rate Method History Change from one Category to another Retrospective Rate Change Retrospective Method Change In spite of changes,historical data available