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Fixed Assets Software

We are currently running our Fixed Assets on a standalone software package (FAS/Sage/MAS). We are looking to move to a new package. We need date flexibility (we run a fiscal calendar of 13 periods of four weeks each), reporting capability by location (currently 10 locations, with expansion plans in the near future), multiple depreciation books (standard, tax, etc.), ability to run reports to Excel, that can be run on a single PC. Any suggestions?

Answers

Len Green
Title: Performance Improvement Consultant and E..
Company: Haygarth Consulting LLC
LinkedIn Profile
(Performance Improvement Consultant and ERP Strategist, Haygarth Consulting LLC) |

Anon:

Your outline poses some questions that may help frame some alternative solutions:

1. Firstly, how important is depreciation to your P/L and decision making? Are you a retail business (13 x 4 week periods)?
2. Can you use accumulated depreciation offset accounts whereby you take 4/52nd of the annual depreciation forecast for each period to charge a fixed depreciation amount during the year, then true it up at year end?
3. What fixed asset module does your ERP vendor offer and have you evaluated if it can do the work for you, including integration with AP and GL?

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