Fixed Asset Register and Planning Tool
Excel based Standard Application for the Accounting and Planning of Fixed Assets
The ECL Fixed Asset Manager is a Fixed asset register and a planning tool in one and is the software you need to meet your fixed assets accounting and planning requirements. Based on Microsoft Excel and programmed in Visual Basic, this application is easy to understand and gives full flexibility to meet individual requirements and unlike pure spreadsheet solutions is absolutely reliable and entry error proof. It is designed to meet International Accounting Standards (IAS) / International Financial Reporting Standards (IFRS) and other accounting requirements, as well as providing an indispensable tool to plan and control your business.
Get your free demo version (30 day trial) now!
Standard features:
- General
- based on easy to understand Microsoft Excel
- developed in Microsoft Visual Basic for Applications
- Master data
- up to 7 different classification criteria (site, division, Cost centre, department, location, asset class, tax asset class)
- 4 accounting codes possible per asset (balance sheet code (accounting + tax), P&L code (accounting + tax)
- 2 different accounting treatments per asset
- 3 free text fields
- input fields for acquisition cost (accounting + tax), residual value (accounting + tax), replacement value, insurance value
- 3 fields for additional information (vendor, serial no., project no.)
- depreciation start date different from capitalisation date allowed
- up to 65000 records
- Automated functions
- new record (use of existing assets as templates for fast data entry)
- delete record
- deactivate asset (sale, scrap, disposal)
- transfer asset (to different site, asset class etc.)
- split asset (to handle partial disposal, partial transfer)
- group asset (to include different parts into one record)
- Calculation
- accumulated depreciation
- 2 different depreciation methods (accounting and tax) per asset
- retroactive calculation of past years (for assets capitalised in previous years)
- differences between accounting and tax values for deferred tax
- depreciation check (understand the formulas in Excel)
- simulation for the following 4 financial years (accounting and tax)
- Reporting
- 7 standard report templates pre-configured
- unlimited number of user defined report templates
- 10 different filter criteria for each report
- 10 different sort criteria for each report
- free format of user defined report templates
- Database Explorer
- all fields of the database are visible and can be analysed in an Excel spreadsheet
- database can be freely sorted, filtered and analysed (using Excel standard functions)
- Year End Procedure
- asset data and depreciation values are automatically transferred into the new financial year
- asset data can be maintained in both current year and previous year (automated update possible)
- assets disposed off in previous year will not be taken over into the new year
- Password Protection
- user password protection (password can be changed by user)
- Backup and Restore
- up to 10 backups can be maintained automatically (the 11th overwrites the 1st)
- Planning (Budgets and Forecasts)
- for planning purposes actual data is copied into a separate database
- simulation of existing assets
- creation of new (planned) assets
- roll forward of existing asset data into existing planning database without changing previously planned assets
- detailed planning possible (e.g. on the basis of individual projects or Cost Centre budgets)
- planning can be based on existing planning data (allowing multiyear long term planning)
- number of planning versions unlimited
- Customising
- user can customise most of the settings (no specialised knowledge necessary)
- support available for special needs (take advantage of the flexibility of the Fixed Asset Manager)
- interfaces to and from general ledger (SAP, Sage etc.) can be easily built in most cases.
- System Requirements
- Microsoft Excel 2000 or higher (older Excel versions on request)
- Microsoft Windows 98 or higher
- Additional Features on Request
- additional depreciation methods
- additional report templates
- online/phone support for customising and training
- additional functions as required
- interfaces to ledger or other software
- SAP downloads from SAP asset module
- other interfaces
- multi-currency handling
- change of nomenclature
- hiding of unused features
- additional asset books (group depreciation etc.)
- multi-company licences
Get your free demo version (30 day trial) now!
Price: £ 395.00 (+VAT), includes Fixed Asset Manager (Version 1.3e) full version + 1 hour of online/phone support for setup, customising, training or additional requirements.
or Send email quoting: “FAM Intro Offer” with your email address, name and contact details mail to: sales@eppert-consulting.com
