Follow every asset from acquisition to disposal.
MAXBIT describes how MAXERP can manage fixed assets across lifecycle events and connect asset events with general-ledger reporting.
THE CHALLENGE
Finance teams need a consistent view of assets as they are acquired, transferred, revalued and retired. Separate registers and calculations can create reconciliation work and uncertainty about carrying values.
THE SOLUTION
MAXERP can manage fixed assets across acquisition, depreciation using configured methods, revaluation, transfers and disposal. Integration with the general ledger connects asset events and financial reporting so teams can review lifecycle changes within the wider accounts.
HOW IT WORKS
A connected path through the work.
The sequence below reflects the process described on the official case-study source.
- 01
Acquisition
- 02
Depreciation using configured methods
- 03
Revaluation
- 04
Transfers
- 05
Disposal
CAPABILITIES USED
The connected capabilities in view.
Manage fixed assets across acquisition, configured-method depreciation, revaluation, transfers and disposal
Integrate asset events with the general ledger and financial reporting
BUSINESS VALUE DESCRIBED BY THE SOURCE