Separate system be maintained for managing the fixed assets of the temple/Devaswom
The features of the fixed asset module are:
Keeps track of fixed assets right from proposal until retirement stage of asset
Tracks Assets by:
Supports all depreciation methods
Defines depreciation books to meet the business needs
Supports treatment for write off revaluation
On-line query of all assets
Management of leased assets
User definable asset classification
Creates asset tags with barcodes
Tracks non-depreciating asset, including expired assets and land
Relates assets by parent-child relationship
Track leased assets & intangibles
Asset transactions:
Write off can be done fully/partially