ASWAQ5 : Fixed Assets

ASWAQ5 includes an integrated system for fixed assets management that saves users the time and effort needed to prepare depreciation statements and reports. It provides decision makers with countless reports that contain a wealth of financial information related to fixed assets investment and life cycle.

Comprehensive File for Every Fixed Asset

ASWAQ5 organizes detailed information about every fixed asset in clear and descriptive windows. These windows contain asset properties, financial data and life cycle, in addition to acquisition and disposal properties. It's possible to attach any number of pictures and document images to each fixed asset, and navigate freely among them.
Fixed Assets file contains useful information for each Fixed Asset

Fixed Assets in ASWAQ5

Automated Monthly Depreciation Reflections

ASWAQ5 allows automatic generation of fixed assets depreciation documents

Depreciation Doc. Auto Generation

ASWAQ5 automatically generates depreciation entries every fiscal period, thus, saving users a significant amount of time and effort and providing better financial status reporting that includes depreciation expenses with every period's financial statement.

Straightforward Asset Disposal and Re-Evaluation Procedures

ASWAQ5 contains a straightforward procedure to dispose of fixed assets by selling or scrapping, and can automatically calculate capital gain or loss resulting from asset disposal. It will also carry out proper journal entry reflections to represent all aspects of the disposal process.
When a fixed asset is altered in a way that changes its useful life, ASWAQ5 hosts enough features to represent this change, and re-evaluate depreciation installments and salvage value so that future depreciation processes are carried out correctly.

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