Asset Management
PrismERP assets management solution is designed in user’s point of view. We consider the usefulness of the fixed assets module for all level of companies ranging from large, medium and small.

 

Asset Acquisition and Registration

User can add new item and new product under asset category. Asset category defines type of assets, depreciation model, depreciation policy, depreciation pulse, depreciation rate, related accounts and tax information. Assets can be purchased by creating Asset Purchase Order or added by Add Opening Asset. Asset List and Ledger will be updated for each transaction of asset addition
Learn More

 

Asset Classification

PrismERP provides their users the feature of classify their Asset. Asset can be classified in Tangible Asset and Intangible Asset. Tangible Asset can be Land, Building, Machines, Plants, Furniture, Computer, Vehicles Etc. and Intangible Asset can be Patent, Software Etc.
Learn More

 

Asset Group

PrismERP make a list of asset which can be filtered by Product Name, Manufacturer, Model, Item and Type. Individual asset product contains related information in three tabs Basic Info, Chart and Serial & Warranty. Various reports are available, such as Group Report, Asset List Report, Asset List Report with Serial, Asset List Report with Value and more.
Learn More

 

Assignment of Asset

 

Every asset product will get a unique serial number. Assets can be assigned to employees by this serial number as a custodian. After certain periods asset can be released from employee and then it can be reassigned.
Learn More

Asset Transfer

Asset can be transferred between two different branches or entities. After transfer every transaction related to that asset will belong to new branch or entity.
Learn More

 

 

Asset Tracking

Asset Tracking (Bar-Code , Serials, Register) is flexible solution that offers complete visibility in to the location, Condition and quantity of your assets.
Learn More

Revaluation

PrismERP supports the revaluation model of asset. Revaluation model allows both upward and downward adjustment in value. Revaluation surplus contains the upward revaluation value of the asset. For downward revaluation it will first adjusted with revaluation surplus and if its value exceeds then an impairment loss is accounted
Learn More

Depreciation Calculation

PrismERP estimates Asset depreciation expense for the periods for which you project depreciation based on the financial information for your existing assets at the start of that period. The projection includes additions, transfers, and reclassification transactions you perform in the current period
Learn More

Disposal

After the life time of asset it will be disposed. PrismERP creates a voucher for recording the disposal of asset
Learn More