Page 19 - Focus 8
P. 19

Fixed Assets Management










                   Fixed Assets & Depreciation


               Focus 8 has a fully integrated Fixed Assets & Depreciation module that allows you to
               seamlessly create assets from purchases and perform statutory transactions and
               administrative functions efficiently and automatically.
               Create assets from purchases instantly for single or multiple assets through quantity

               Select from multiple depreciation methods (St. Line, cumulative, etc.) based on the
                 selected asset
               Create hierarchies and groups of various assets
               Allocate assets to a location, employee or any other parameter

               Define various periodic depreciation schedules for auto-posting to GL





                   Asset Maintenance                                                    Asset Revaluation & Repair

               Focus 8 provides informaiton to effectively plan, schedule and execute
               efficient maintenance processes signifying the effect on the P & L.   Focus 8 allows you to accurately reevaluate your assets, and asses their
                                                                                    values based on their condition of repair.
              Scheduling of maintenance jobs
              Track effective job performance                                       Prolong your asset life by ensuring that it is in a good state of repair
              Track consumables and charges towards maintenance                     Continually enhance asset value and capability by adding
                                                                                       components as child attributes
              Track replacements                                                    Manage  value deductions or accelerate depreciation as per the

              Job material requirement  procurement                                   statutory compliances/as required
              Asset usage and tracking                                              Automatically post entries into the financial module upon
              Job scheduling based on usage                                           reevaluation
              Breakdown scheduling and equipment failure                            Add value to your assets upon repair completion
              Maintenance reports



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