COMET Fixed Assets Application

You've just found the best way to find the location and value of each capital asset you have. It's the COMET Fixed Assets Application.

With this one application, every one of your assets is a snap to locate. And it's just as easy to calculate the depreciation taken for each asset, and have it done at scheduled intervals. What's more, all the information is automatically recorded in the General Ledger.

 

But beyond finding assets, calculating depreciation and entering the information for you, it also tracks your capital assets. So now you'll never again have to guess where an asset is. The only thing to wonder about regarding your assets is how soon can the COMET Fixed Assets Application begin to work for you.

 

This is only one of the vast array of COMET's LTPAC software solutions.

 

Benefits

  • Stop wondering where to find a particular asset! The system provides current information on the location of each asset.
  • Save time and reduce errors with automatic calculation of depreciation at scheduled intervals.
  • Select the intervals most appropriate for your facility.
  • Automatically posts depreciation to the General Ledger.

 

Features

  • Supports straight line, declining balance and sum-of-the-years'-digits depreciation methodologies.
  • Tracks capital asset values, movement and disposal.
  • Provides depreciation schedules for cost accounting.
  • Provides information about contracted maintenance services.
  • Fully integrated with General Ledger and Accounts Payable.

 

Reports and Queries

  • Depreciation Schedules