Reference: Asset Management Capabilities
You can view high-level feature descriptions for the capabilities in this product area.
Asset Accounting
Provides the ability to:
- Account for assets in a single book or multiple books.
- Account for nondepreciable, depreciable, and composite assets.
- Assign accounting treatment and depreciation profiles.
- Assign and restrict assets to books.
- Split costs and depreciation for assets.
- Track and report on registered capital assets.
Asset Reporting
Provides reports that detail depreciation expenses and the differences between operational and ledger asset balances.
Asset Tracking
Provides the ability to make workers custodians of company property, and track assets separately from accounting activities.
Intangible Assets
Provides the ability to:
- Account for intangible assets.
- Amortize intangible assets.
- Create intangible assets.
Leased Assets
Provides the ability to:
- Account for leased assets.
- Amortize leased assets.
- Track leased assets created from lease-type supplier contracts.