Fixed Asset Pro16
is designed to comprehensively manage, maintain, and control your business assets with easy navigation and intuitive control. This is simply a business application tool that every business must have.
Everything is now at your fingertips! Easily record and keep track of your individual asset from its acquisition, depreciation, asset service requirement, historical service records, asset custodian, and warranty claims.
Our product features a user-friendly environment and an easy to navigate TreeView. Users can easily group, sort and access the statuses of fixed assets with single click .There is also a built-in integrated screen for easy access and viewing, complete with pictures and breakdowns of each category.
It is fully compliant with International Accounting Standard under Property, Plant and Equipment (IAS16 – PPE).
What kinds of depreciation method does your program support?
Fixed Asset Pro16 comes pre-loaded with straight line and declining balance (fixed and percentage-based) to ensure that it is suitable to your local accounting regulations. You can even set your asset to be non-depreciating.
Does it support multiuser and multi-company?
Yes, our application fully supports multiple users. In fact, you can also install this application in the server and share it to multiple workstations/users. In this way you can use it for your entire company. Not only that we support multiple users, but the application also supports multiple companies, meaning that you can have a more than one entity to be managed from a single application. When you purchase our application, you can choose the most suitable version for your company.
How do I delete the pre-loaded Excelsoft examples in the Fixed Asset Pro16?
You will need to go to Utility in the top menu and choose “Start a New Business”. This will delete all the preloaded examples in the Fixed Asset Pro16 database – except the Chart of Accounts. This will allow you to start with a clean sheet of paper for your own business, and load up your own assets from scratch.
So I clicked on “Start a New business” and everything is blank. Now what?
There are a number of things to set up before you can start loading up your asset list into the program. First you need to go to Register on the left-hand side menu, and assign your own Cost Centre.
Can I download Fixed Asset Pro16 reports into Microsoft Excel?
Yes, our current enhanced version allows you to download reports to Microsoft Excel for your convenience. When you print the report, you can simply click XLS as the destination, the application should ask you for the file name and location.
Why the asset value that I entered cannot go above 1,000 or 10,000?
You will need to double click on any cell that contains a numeric value. This way, you will be able to enter any amount that you want.
Can I replicate similar assets so that I don’t have to retype each ones?
Yes, our application allows you to replicate similar assets as many as you like. You can simply go to menu Action > Acquisition , the click on Replicate. Prior to that, you should choose the asset that you like to replicate. Of course, you must first input the first one thoroughly. The application should ask you for the starting number (this is more for asset tagging), then for the number of similar assets to be replicate. The tag numbers will automatically be generated for you. After you confirm the tag numbers, click save.
What is Detail Component?
Detail Component is very useful if you purchased an asset as a set instead of each individual piece. For example, if you purchase a complete ‘meeting room set’ which consists of a meeting room table, six reclining chairs, one Conner table for $2500, then the application allows you to enter the entire set of furniture as one asset, but yet every piece can be registered as its components without losing its detail information. Meanwhile, the depreciation would only count towards the single set ($2500) but not individual pieces.
What is Acquisition Cut Off Date?
Some companies have a policy such that if the asset is purchased after 16th of any month, then the depreciation starts the next following month. Likewise, if the asset is purchased prior to the 15th of the month, the depreciation starts immediately on that month. Our application allows you to set the date where you want to have this policy. You should input 31 if you want every asset to be depreciated on the date it is purchased.
What is IFRS Standard?
The International Financial Reporting Standards (IFRS) are principle-based standards, interpretations and the framework (1989) adopted by the International Accounting Standards Board (IASB). This standard has become a global standard which is mostly acceptable for any public-listed company since 2014. Therefore, our application is following IFRS standard especially IAS16 under Property, Plant, and Equipment.
How does the license work?
Fixed Asset Pro16 provides a free license if a user registers with us. After the registration, you can use the application as long as you like, however, you cannot input more than 50 assets. If you need more than 50 assets, than you have the option to purchase the license from us.
For free registration: https://www.excelsoft.com/files/FA-16Loader.exe
To purchase Product: https://shopper.mycommerce.com/checkout/product/36749-1
Why I cannot change the asset Cost Group, Location, Department, and Custodian in the asset master screen? There is a (*) beside each of these setting.
You can change this information only if you have not had any transaction over this asset, i.e. you have not revalued the asset, transferred the asset, salvaged the asset, etc. Of course, you can still change this information using the transaction screen (select the asset, then click transaction icon). The reason for this is that the system is preserving the historical information for you. This way, your reports of the past month/year will always be consistent. By using the transaction screen, the system will be able to keep track of all changes to the asset. As the result, any previous reports will remain the same.
What is the licensing cost for Fixed Asset Pro16 ?
The product license can be purchased directly online. Our price starts from US$299 per license. You can also have the option to purchase additional user licenses. You should get unlimited assets and unlimited concurrent user access. Should you need the enterprise edition, you can request ExcelSoft to provide a special proposal to you. To purchase our product, please click the following link.
What happens if we need customization ?
Sure, if you need customization for your specific needs, please write to us firstname.lastname@example.org. Please elaborate in detail the customization works that you like to be done. Remember that our Fixed Asset Pro16 is based on International Financial Reporting Standards (IFRS). Another way around is that you can also have the option to obtain our complete source code, if you like to perform the modification internally. Source code licensing will only be released to reputable organizations but not to individuals.
Is there easy way to upload my assets to the system ?
Yes, we provide an uploading tool from Microsoft Excel. This add-on tool can really help you to upload any historical assets, with 3 guided steps. You can download this tool at: https://www.excelsoft.com/files/FA-16Loader.exe. This tool will also help you to fine-tune the process of uploading new asset records by adjusting to your newly-set-up tables. This process has been designed to be seamless. You would require Microsoft Excel of any version to work with this tool.
Does it work with barcode reader ?
Yes our Fixed Asset Pro16 Enterprise edition is designed to work with USB barcode reader seamlessly. You can have many functions, such as asset tagging, asset tracking, etc. For more complete features regarding Enterprise edition you can click http://….. Please note that the barcode reader function only works for Enterprise edition but not the standard version.
Does it work with multiple users and data being installation on the server ?
Yes, Fixed Asset Pro16 can be installed on the server and have as many workstations connected to it. The data will be centralized on the server and each workstation is accessing the centralized data. The advantages of the client/server setting is that the data will be more secure and concurrent access to the server will be seamless. You would only need to purchase multiple concurrent users to have this setting installed on your location.