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"Take Care of your Capital Expenditure, It's your Most Valuable Asset"


TimeTrax Fixed Assets Management System:

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eAssets provides you with the tools to completely manage your company’s Fixed Assets and helps keep a tab on the CAPEX. It assists you in most effectively recording the entire life-cycle of the depreciating and non-depreciating assets. From creation to depreciation, revaluation and disposal; tightly integrated with eFinancials, this module can track physical attributes, record tax, calculate depreciation & budget for future acquisitions of assets and this exhaustive information can be made readily available, on Cloud.

Fixed Assets Management Benefits & Features:

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Records sales, disposal or loss of assets & revaluation of currently owned assets.

Tracks each asset’s value with the leading bar-code scanning technology.

Manages and tracks changes of an asset all over its life-cycle.

Classifies assets into different categories & groups.

Imports transaction and assets records through the user-friendly FA uploader.

Automatically updates newly acquired assets through system integrated Purchase Order Processing.

Calculates depreciation values correctly using different depreciation methods.

Enables allocation and re-allocation of assets to employees or departments.

Keeps tab of transactions and lists of fixed assets purchase, its allocation and de-allocation, full and partial disposals, transfers, revaluations etc.

Integrates seamlessly with eFinancials.

Provides records of data range options for accounting periods and asset categories.

Helps generate powerful & instant reports including full audit trails, depreciation summaries, assets register list, disposed assets summaries etc.

Retrieves historic and current assets data on one click. An audit log file which will hold a history of all user actions and show which records were affected.

Fixed Assets Management Workflow:

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