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Fixed Assets
Manage your fixed assets with Minotaur’s latest module. This module allows you to input assets, both existing and new ones, decide the depreciation method that applies, record the life and salvage value and then the system will calculate and set up the appropriate GL entries for the upcoming periods to record the depreciation. Accountants like that it sets up the future entries but has a separate mechanism for posting so that adjustments can be made without the complication of adjusting entries. The fixed asset module allows you to manage early disposals and provides reports by asset, user defined asset class and GL entries by time period.
 
 
Additional Features
  • An unlimited notes section for each asset allows you to store model, serial numbers, etc.
  • A linked files section allows you to store photos of the asset as well as an electronic manuals, maintenance instructions, and more! Great for insurance risk management.
 
 
Click here to download printable version in PDF format