BiZ magnet asset management software that helps you to manage your asset across procurement, active lifecycle and disposal .So you can optimize end-to end asset usage. And it gives you full life cycle of your asset. With our asset management system you can track asset you have, their cost and more The provision offered in this system is to maintain data on the Assets and calculate its depreciation. These Assets include building, plant & machinery, factory equipment furniture & fixture, office equipment, vehicle, etc.
To maintain the following data on each asset:
- Asset code, name, date of purchase, asset location
- Additions to asset and its value
- Subtraction from asset and its value
- Annual depreciation ( to be calculated on your desired method )
- The accounting for fixed asset will be centralized and handled by the finance department