|
The SCI Fixed Assets Module, designed by
a CPA, easily tracks the cost, tax basis, depreciation and disposition gains and
losses for all fixed assets. All current tax laws and methods are supported and
the software is fully interfaced with SCI's General Ledger and Accounts Payable
modules.
Assets and depreciation thereon can be analyzed by company, type, division
and/or state, and reports can be generated on both an interim basis and annual
basis for book, federal tax and state tax depreciation.
Considerable information is kept on file for each asset including type of asset
(e.g. building), acquisition and in service dates, serial numbers, vendor
acquired from, historical depreciation, and an unlimited number of comments.
All cost, basis, depreciation and disposition information (including methods and
lives) is computed and maintained separately for book, federal and state tax
purposes, and you always have the ability to adjust and/or override calculated
amounts if needed.
As with SCI's other systems, full support is provided for laser printers as well
as a wide variety of dot-matrix printers.
The SCI Fixed Assets Module is an optional extra-cost addition to the SCI
Distribution Management System.
|
