📄️ FA Purchase Order
The FA Purchase Order feature is used to create a list of fixed asset items to be ordered or purchased. This process helps manage and formalize the procurement of fixed assets for the property.
📄️ FA Receive
The FA Receive feature is used to administer the receipt of fixed asset items ordered or purchased from suppliers. This process ensures that all received assets are properly recorded and managed.
📄️ Fixed Asset List
The Fixed Asset List feature is used to view and administer the company's fixed assets. It is also used for configuring depreciation, asset location, and asset status. Depreciation configuration can be performed per item or per group of items purchased together in a single invoice. When the FA Receive process is completed, the system will automatically create inventory records for each item received.
📄️ Depreciation
The Depreciation feature is used to calculate and process the monthly depreciation of fixed asset items. This process ensures that asset values are updated according to their useful life and depreciation method.