ASP—Fixed Assets

The ASP Fixed Assets System performs automatic updates to the ASP Budgetary System and has the capability to interface to the ASP Handheld System for physical inventory of fixed assets.

Capabilities & Advantages

• Calculate yearly depreciation, inflation and value adjustments for each asset
• Information on each fixed asset includes: asset number, description, location, type, fund number, department, useful life, age, purchase date, date retired, and many more user-defined fields
• Value information for each asset: inflation factor, value factor, original cost, adjusted cost, replacement cost, adjusted value, salvage value, residual value, accumulated depreciation, additions, accumulated inflation, accumulated value adjustment, depreciation, additions, inflation and value adjustment year-to-date totals
• Depreciation posting is automatic or depreciation and value adjustments can be posted manually
• Automatic year-end processing with retired assets deleted by date
• Asset reports are generated by parameter: asset number, type, fund number, department, last verified date, inventory tag number, retired assets, and many miscellaneous user-defined fields
• User and password security access; security levels are provided through user script