Nitso - Asset

This software will help you in eliminate drudgery and cost of maintaining Fixed Assets. It will help you in ensuring that all assets are properly insured, are under AMC. It will help you in calculating correct asset valuations and accurate depreciation deductions.

Key Features:

1. Create an unlimited number of fixed asset records for an unlimited number of companies.
2. Different kind of Asset details like Asset code, Asset Description, Category, Location, Asset Type, Purchase information, Cenvat information etc. can be recorded.
3. Automatic Asset Code & Physical No for each asset.Voucher details of each asset can be documented.
4. Assets can be arranged Category wise, Location wise, Department wise, cost center wise.
5. Classification could be done by Block wise, Category wise of assets.
6. Income Tax Book, Company Book and two spare books are inbuilt in the system.
7. Flexible depreciation methods based on the SLM or WDV formulae.
8. Implement rates prescribed by the statutes or define your own rates.
9. AMC & Insurance details for each asset can be feeded.
10. Software is capable to generate barcode for each asset.
11. Physical verification details can be recorded.
12. Write off & adjustments, if any, can be recorded against each asset.
13. Sale / discard of assets, Splitting of assets.Relocation of assets.
14. Period wise depreciation calculations for Companies Act and The Income Tax Act.
15. Various Report like :Fixed Asset Register, Fixed Asset Schedule as per Income Tax, From 3CD Extract, Depreciation Calculation report, Depreciation Comparison Report, AMC / Insurance / Warranty expiry report.
16. Different kind of MIS Reports available.Unlimited User defined field for each asset.Well designed rights management system for user control.
17. Reminders:AMC , Insurance, Warranty -- before expiry