Financial Suite – General Ledger
July 24, 2025
Treasury Management System
July 24, 2025With fixed assets playing a critical role in any organization, accurately tracking and managing them requires a flexible system that ensures complete control over their usage, movement, and valuation. Kmals' Fixed Assets Module is designed to offer seamless monitoring—whether assets are centralized in the main branch or distributed across multiple locations.
Key Features
- Tree-structured asset coding system enabling both summary and detailed reporting for each asset.
- Dedicated asset entry screen including: asset name, value, useful life, purchase date, and asset group (e.g., buildings, vehicles, equipment...). Dedicated asset entry screen including: asset name, value, useful life, purchase date, and asset group (e.g., buildings, vehicles, equipment...).
- Flexible depreciation policies (annually, quarterly, monthly) with editable parameters.
- Full support for asset operations: sales, revaluation, disposal, or replacement—while preserving historical records.
- Easy reassignment of asset location and linking to relevant branch or warehouse for accurate tracking.
- Seamless integration with the General Ledger: asset codes are auto-linked to accounting charts, and depreciation/sales entries are posted automatically.
- Multi-currency support with foreign exchange adjustment and rate-based verification.
- Seamless integration of payment and collection documents with ledger accounts.
- Comprehensive reports: depreciation schedules, accumulated depreciation, additions & disposals, physical inventory, and sales/revaluation activity.
