AsseTrax

The AsseTrax™ fixed asset management system is designed to meet the needs of public sector organizations and utilities. The AsseTrax™ system improves management control over critical fixed assets. The system helps ensure proper custody and use of assets. AsseTrax™ tracks the replacement and market value of each asset. This information is needed for insurance purposes and recovery of maximum value after a loss. System information also assists the user in performing better cost analysis. AsseTrax™ meets the requirements for the Government Finance Officers Association (GFOA) Certificate of Conformance. The system will simplify your organization's implementation of GASB 34 requirements in the future.

Capabilities & Advantages

• Provides fixed asset file building and maintenance
• Maintains records of original assets as well as improvements to those assets
• Allows online transfer of fixed assets between locations and general ledger accounting codes

• Includes SL, DDB, MACRS, and SYD depreciation methods

• Can automatically create depreciation Journal Entries in MicroFund™ fund accounting system
• Can automatically import assets created from Purchasing Agent™ Subsystem

Reports & Output

• Fixed asset master list
• Depreciation schedules for any period
• Fixed asset inventory worksheet
• Fixed asset replacement report
• Insurance report