Search results

Blog

Category

Track your assets

Injazat Fixed Assets

Why choose Injazat Fixed Assets?

 

  • Categories assets so that they can be easily accessed.
  • Performs monthly depreciation on all assets.
  • schedule preventative maintenance via various selection criteria.
  • Track who has custody of an asset(s) now and in the past.
  • Keep all asset documents in one place via the built-in document management system.
  • Issue assets to projects and track them online.
  • Get timely depreciation reports.
  • Print barcodes labels for all your assets.
  • Track warranty expiration dates for all your assets.
  • Get detailed maintenance reports on assets.
  • Get current book value for all your asset
  • An asset has an asset number, an Arabic and English description and date of purchase. Additionally, the department and section it is currently in, details of the custodian and details of the asset itself like make, model number, serial number and warranty date of expiration. The previous custodians’ details will be shown particularly the from and to dates of custody.
  • The depreciation methods supported are “Fixed Depreciation Amount per period” “Depending on Percentage”, “Straight Line Method”, “Reducing Depreciation Amount Per Period” and “No depreciation”. Additionally, the following must be specified: Asset cost, percentage depreciation and In-Service Date.
  • The asset’s depreciation history gives details of the month and year of depreciation, the value of the asset, the annual depreciation percentage, the period depreciation, the year to date depreciation and accumulated depreciation. Also, the current book value of the asset.
  • For asset document a document type can be an Invoice, Warranty card etc., plus a document number needs to be specified, city and country of issue. Additionally, the date of issue and expiry date. Remarks and pictures of the asset can be optionally added.
  • Depreciation will be calculated for the next period due and will display the result in tree- format. Values will be displayed at asset heading level and it is possible to drill down to reach the desired asset heading or specific asset. Values displayed are for: Actual Asset Value, Period Depreciation, Year-To-Date Depreciation, Accumulated Depreciation and current Book Value.
Below are some of the major features of the Fixed Assets management package

Asset Classification

Flexible classification in the form of a tree, the categories can be in the form vehicles, cars, trucks, etc.

l

Asset Documents

Record asset documents such as warranty certificate, purchase invoice, etc. (electronic archive)

Asset Integration

To Financials to post the monthly depreciation and to Human Resources to record it as custody

i

Asset administration

Issue and follow-up assets to employees as custody assets or projects in progress.

Asset Maintenance

Schedule asset maintenance by type of asset and by specifying a time period or counter.

Asset Depreciation

Determine the appropriate type of depreciation for the asset and calculate depreciation.

Z

Bar Code Printing

Print asset details as a bar code to affix it to the asset.

Asset Disposition

Sell the asset with a profit or loss, and post to accounts.

m

Asset Reports

Ample, detailed and classified reports on assets.

Download the Fixed Assets Management Package brochure

Our clients

Testimonials

Here is what some of our customers are saying about our Fixed Assets Management package.

With many assets and projects to deal the package made our tasks much easier and tracking the assets accurate. Hussein Ali Hashim

Accountant, Vision Advanced Company, Riyadh

We were able to organize our vehicle maintenance schedules for optimal operations through the package. Emad Okasha

Accountant, Amel Al Khair Feeds Company, Riyadh

(012) 650-2809

Call us now for a live demo online or in the comfort of your office by a visit from our sales representative.

Address

Technical Center
Khalid Ibn Al-Waleed Street
Office 25, 3rd. Floor
Jeddah, Saudi Arabia

Email

info@injazat-software.com

Contact Numbers

012 653 4666
012 653 2066
012 653 2966
012 650 4702

Get in touch

10 + 7 =