ebizframe Fixed Assets Management maintains complete visibility of your fixed assets and works out best depreciation calculations for the purposes of both Income Tax and Company Law Board. ebizframe Asset Management is tightly integrated with Procurement, Inventory and Finance.
ebizframe Fixed Assets Management also has an optional module for Plant Maintenance that takes care of Preventive as well as Breakdown Maintenance, by in-house team or third party service providers.
You can manage the entire asset lifecycle with our best-in-class ebizframe ERP through its Asset Management processes. With real-time visibility about asset performance and insightful analytics, it’s easier to optimize asset use and save costs.
ebizframe Fixed Assets Management enables you to manage capital expenditures better and ultimately maximize your return on assets. Assets include plant and equipment, buildings, handling equipment, vehicles, computers, furniture, etc.
The Management of an enterprise always need to know whether their machinery and equipment are in good working condition, the machines are running at their optimum capacity and with the best possible uptime. An active watch needs to be kept throughout the life cycle of an asset so that effective preventive maintenance, breakdown repairs, warranties, maintenance contracts is done. An effective Asset Management System is critical for effective cost management and usage of capital.
Key Features of Fixed Assets Register –
- User definable groups for assets
- Item Level, Group Level and Sub-Group level depreciation can be defined
- User defined – Shift based depreciation rates
- Define different rules for Company Law and Income Tax
- Choose depreciation type – Straight Line or Written Down
- Capitalization of Assets
- Inter-location transfer of Assets
- Definition of asset type as per user requirements, i.e. plant, machinery, land, building etc.
- Tracking assets and determining the current value of assets
- Accumulated depreciation reflecting depreciation of an asset over a period of time
- Revaluation of an asset
- Selling and scrapping of assets
- Maintain Fixed assets register
- Integration with Procurement, Inventory and Finance
Plant & Equipment Maintenance –
- Preventive maintenance and breakdown maintenance
- Manage in-house maintenance team or service providers
- Define Maintenance Types, Task for maintenance work
- Maintenance Task
- Create Maintenance Schedule for Preventive Maintenance
- Generate Maintenance Requisition
- Attach documents or tasks for a maintenance
- Attach Manpower for a Maintenance Order, handle both permanent and casual employees.
- Add Overheads, Cautions, Measurement Parameters
- Schedule basis can be Time based or Measurement based.
- Maintenance Job Card creation
- Basis of Job Execution i.e. Job Card or Ad-hoc
- Request for Quotation to service provider for a maintenance schedule or adhoc maintenance requisition
- Invoice against Job Order or Maintenance contract
- Tightly integrated to Purchase, Inventory and Finance
Free Online Demo
If you are interested to know more about ebizframe ERP, you can view a short demo by clicking on the tab to the right to the right. You can also send in an e-mail at firstname.lastname@example.org and we will have it arranged as soon as possible.