Fixed Assets
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CAIS Legacy: Fixed Assets Control System

The Fixed Assets Control component assists the business office with the following:

Inventory Control
Asset Depreciation
Risk Management

 

  • All information is entered on-line and is available for immediate reporting.
  • Up to three depreciation books may be maintained for an asset.
  • Various methods of depreciation are available, including straight line, sum-of-years digits, declining balance, and ACRS.
  • Uses customer defined codes for types of assets, sites, buildings, and rooms.
  • Asset and depreciation values may be split between as many as five general ledger accounts.
  • Smaller items may be entered in aggregate groups for depreciation
  • The package contains various security levels, including terminal user authorization.
  • User authorization is handled by the organization's local administrator on a program-by-program basis.
  • The programs are accessed as separate modules for added security.
  • Can be set up as a subsystems of the Financial Accounting System (FAS).
  • Account numbers are verified against the chart of accounts defined in FAS. Budget Office codes, Budget Officer codes, and Vendor IDs are verified against the FAS database.
  • Creates depreciation journal vouchers which may be transferred into the general ledger of FAS.
  • The package provides extensive reporting and summarizing capabilities using standard reports, 20/20 Spreadsheet, and the Intelligent Query report writer.
  • Uses advanced screen handling techniques, including online helps.
 
 

 
Copyright © 2003 Concordia Administrative Information System.
Last Modify: 03/30/07 16:09