In order to fully account for all fixed assets, and to meet legislations set out by IAS and IFRS, businesses should keep a fixed asset register. Tracking all of your assets with fixed asset accounting could prove to be complex and time consuming, but our fixed asset management software makes the process far easier than you might think.
There are many different pieces of information that you need to keep track of on your fixed asset register in order to maintain smooth running of management. They include details of cost and depreciation, location and who is currently responsible for the item. Our asset management software allows you to record all of this information.
Assetware Manager is our enterprise level product that includes such features as multiple users, multiple currencies, books, current cost accounting, grant accounting, product integration, web based functionality and much much more. This product is designed to be used by Asset Managers across the business to track and manage all company assets. If your situation or business processes require more flexibility than standard asset management solutions offer, then this is the solution for you.
AssetPro is a mid-range solution that provides enough financial and asset tracking functionality to manage a medium sized asset register. This product allows for up to 5,000 assets with full reporting, user definable asset filters and selections. This solution is aimed at businesses that require an affordable yet proven solution that will meet their immediate fixed asset accounting requirements.
Which is best for you? AssetPro or Assetware Manager? Contact us on
+44(0)870 112 0700 to discuss your requirements.
The Importance of Asset Management
There are three main reasons that keeping an accurate fixed asset register is important, and they are:
• Financial accounting – Your fixed assets can be valuable components of your company, and therefore have to be fully accounted for.
• Preventative maintenance – With fixed asset management software, you are able to keep track of if and when your assets might be due for maintenance. This is especially important with plant machinery and vehicles. Knowing all of your fixed assets are well maintained helps to prevent unexpected failures.
• Theft deterrence – Thieves are far less likely to steal fixed assets if they know they are fully accounted for and will be missed if taken. Any issues can easily be identified quickly through the use of fixed asset software.
All of our fixed asset management software meets compliance requirements as defined by IAS fixed assets and IFRS fixed assets.
Buy Fixed Asset Management Software from Assetware
If you’re looking for asset management software UK, then Assetware has the solution you need, whether you’re a small business with 500 assets or an empire that needs comprehensive fixed asset management software. Remember, fixed asset accounting doesn’t have to be difficult.