Asset Management System

SLAMS Asset module enables maintenance and management of fixed assets register of the company. It has user-defined parameters for controlling asset categories, asset types, depreciation methods and rates.

Each asset item maintains information about its branch, location, custodian, date and prices of purchase, bar-code, provider, depreciations to-date, current book value, etc.

The module is linked with SLAMS General Ledger to enable account updates when an asset is purchased, depreciates, disposed or re-evaluated.

Period –end processing includes procedures to run depreciation of the assets and generate the necessary journals to the General Ledger

The module can further be customized to meet specific requirements for the client.

The Fixed Assets is a multi-user module that comes with standard security features that come with SoftClans Suite of application.