iSuite Fixed Assets

Overview

iSuite Fixed Assets

Global Software, Inc.′s iSuite Financials Fixed Assets software is the single, intuitive, and cost effective source for incredible power in controlling, analyzing, and reporting in the most efficient manner.

iSuite Fixed Assets software is the fixed asset system that can be tailored to get exactly what you need for your business and your accounting environment.

iSuite Financials Fixed Assets provides substantial flexibility in accommodating the depreciation policies and accounting methods used by most companies while ensuring compliance with Federal tax, reporting and accounting laws.

BENEFITS INCLUDE

  • Flexible sort and filter capabilities
  • Quick reports to PDF and downloads to Microsoft® Excel
  • Display or report depreciation for any period of the fiscal year at any time
  • Short fiscal year calculations are supported according to IRS regulations
  • Accommodates 52—53 week year including 13 accounting periods and unequal accounting periods
  • Depreciation projections are available for future years in 5-year increments (summary) or any increment between 1 and 50 (detail)
  • Menu/option and database security
  • Reporting that provides required depreciation information for use in preparing Federal Tax forms: 4562, 4626, and 4797
  • Account validation and journal entry creation for monthly asset activity and depreciation
  • Custom asset templates for accurate data entry
  • Validate data online against tax laws and user defined tables

Asset Management

  • Create templates for quick and efficient entry of assets & transfers
  • Mass or partial transfers and disposals, as well as reinstatement functions are available
  • Facilitates like–kind exchange depreciation according to IRS Notice 2000–04 as well as GAAP
  • Ability to suspend depreciation for idle assets
  • Assets with negative or zero cost/depreciation are accommodatedli>
  • Automatic depreciation calculations for actual & budget periods

Reporting

  • Reporting based on user defined levels, including individual companies, groups, locations, etc.
  • Mass or partial transfers and disposals, as well as reinstatement functions are available
  • Facilitates like–kind exchange depreciation according to IRS Notice 2000–04 as well as GAAP
  • Ability to suspend depreciation for idle assets
  • Assets with negative or zero cost/depreciation are accommodated
  • Automatic depreciation calculations for actual & budget periods

System Values

  • Reporting based on user defined levels, including individual companies, groups, locations, etc.
  • Mass or partial transfers and disposals, as well as reinstatement functions are available
  • Facilitates like–kind exchange depreciation according to IRS Notice 2000–04 as well as GAAP
  • Ability to suspend depreciation for idle assets
  • Assets with negative or zero cost/depreciation are accommodated
  • Automatic depreciation calculations for actual & budget periods

Features

  • Global Software, Inc.′s  iSuite Financials Fixed Assets screen-shot Click to Enlarge

    Global Software, Inc.′s iSuite Financials Fixed Assets provides substantial flexibility in accommodating the depreciation policies and accounting methods used by most companies while ensuring compliance with Federal tax, reporting and accounting laws.

iSuite Fixed Assets Technical Requirements


 
Hardware
Intranet Web Application Server: 8GB RAM, 10GB hard drive space
Database Server: 4GB RAM, 50GB hard drive space
End User: 2GB of RAM
Software
Intranet Web Application Server: Windows 2000/2003/2008 R2 server
Internet Information Server 5.0, 6.0,or 7.0 Net Framework 4.0 Full
Database Server:

Windows 2000/2003/2008 R2 Server

 

End User:

Windows XP or greater

Acrobat Reader 5.0 or greater, Microsoft Office 2007 or greater

IE11 or before