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Control the Financial Aspect of Fixed Assets

Record, track, and depreciate your fixed assets with Asset Management, an integral module of Kinetic. With this solution, you’ll get a clear register of all fixed assets used in the organization. Operational equipment and machinery gradually lose value, generating increasing depreciation costs for the company in every financial period—but do you know how much, exactly? Asset Management can help you see the big picture:

  • Use multiple transactions to manage assets properly
  • Select and configure the best depreciation method for each asset
  • Keep your assets always updated, reflecting their real value
  • Automate General Ledger transaction creation in each fiscal period
  • Run reliable financial reports with an accurate EBITDA
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Benefits

Integration with Kinetic

Manufacturing organizations appreciate Fixed Asset Management for its connectivity with other modules in Kinetic, including purchases, maintenance, time and expense management, or General Ledger accounting. All assets and activities are under perfect financial control, saving lots of time for finance experts.

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Transactional Approach

Whatever activities are performed on an asset like the entry, addition, depreciation, posting to General Ledger, or others like impairment, revaluation, serializing, or disposal, Kinetic handles all transactions reliably and quickly—meeting your business needs in an organized, efficient, and transparent way.

Automation

Configure transaction processing and meet the most sophisticated requirements. The customizable asset transactions, the flexible posting engine, and the workflow-based business process management contribute to a more solid control over assets. Integration with 1000+ external online services means you can build the exact results you want.

Capabilities

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