Ocean Fixed Assets module - enables instantaneous review of data on fixed assets including the general data, fixed asset value, location, indebtment per organizational units as well as other reviews.
Through the close relationship with the modules of the Ocean Financial Application Package (OFAP) as well as with the modules of the Resource Management Package the Fixed Assets Module enables a comprehensive financial view of asset management, asset related costs, indebtments of organizational units, usage of the assets on a projects in a period of time.
FUNCTIONS AND FEATURES
Fixed asset report journal: entry, update and query
Registering of data on amounts (quantity) and status
Grouping per kinds or per some other suitable criteria
De-completing of groups and transfer to another group
Different fixed asset categories and depreciation calculation correspondingly
Production and print-out of the inventory list prior to depreciation/revaluation calculation
Depreciation/revaluation calculation respecting parameters defined
Pre-calculation of depreciation and acceptance/rejecting of the calculation
Transfer of the new amounts and rounding of the calculation
Review of information on the amounts and status of fixed asset
Generating and printing of various lists and recapitulations
Indebtment lists, documents on booking and status of fixed assets, write-off lists, discard lists and deficit lists
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