Tangible Capital Asset Reporting + PSAB Readiness
Easily and Effectively Comply with PSAB Requirements
Vadim’s iCity Fixed Assets module provides asset management that allows iCity users to comply with PSAB requirements.
This module gives users the ability to set up depreciation schedules for their assets, calculate depreciation expenses and post this information into the iCity General Ledger through a Journal Voucher.
Features
- Track information related to work history, insurance, location, attachments, add-ons, readings (odometer & hours) and units of output
- Full user security
- User defined fields and user definable maintenance periods
- Unlimited number of user defined screens and fields
- Set up work schedules based on the readings, dates, etc
- Set up depreciation schedules & calculate depreciation using industry standard methods
- Ability to detail the steps involved to complete a specific job and specify which inventory items will be needed
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