Track the acquisition, depreciation, and retirement of capital assets in a government’s inventory using 4-Gov Fixed Assets. Keep assets organized by defining classes such as building, equipment, furniture, and fixtures.
4-Gov Fixed Assets is fully integrated with other 4-Gov financial applications to reduce manual data entry and the possibility for errors. Transactions are automatically created in the General Ledger application for acquisitions, retirements, and depreciation of assets. Information is maintained and available for inquiry and reports based on asset class, funding sources, function codes, insurer, acquisition code, retirement methods, and valuation methods. When a new asset is purchased and received, through 4-Gov Accounts Payable, this asset is then transferred to 4-Gov Fixed Assets for set-up and tracking.
- FASB and GASB Compliant
- Standard Reporting
- Integration with 4-Gov Applications
- Mass Maintenance Functionality
- Depreciation Calculator
- Secure Audit Trails
- Web Services
Here's what 4-Gov Fixed Assets can do for you
User-defined classes allow you to track assets in your own terms so you can pull information faster when you need it.
Create Dynamic Reports
Standard Fixed Asset Record reports are available on demand and a 4-Gov Fixed Asset Report Writer is included for ad hoc reporting. Standard reports include fixed asset by organization, fund and total entity, detailed equipment listing, acquisitions for a user specified period, and insurance listing by insurer codes and policy number.
Boost Productivity & Reduce Errors
4-Gov Fixed Assets is fully integrated with other 4-Gov financial applications to automate data entry and reduce the possibility of errors.