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Fixed Assets
norming

Norming Asset Management

Norming Asset Management is a complete asset management solution. The basic level can be used to process asset acquistion, depreciation, disposal and adjusment. The higher level can ve used to facilitate the asset maintenance and lease management.
Fully integrated with the Sage 300 (ACCPAC) Advantage Series General Ledger, Accounts Payable, Accounts Receivable and Purchase Order, Norming Asset Management streamlines the acquisition of assets by avoiding duplicate data entry. Depreciation is posted straight to trhe General Ledger each month
 


Full Flexible Depreciation Facillity

Calculate depreciation using standard or user-fined formula.
Depreciation projection periods switch on/off the asset depreciation.
Depreciation projection is enabled.
Depreciation calculation lig reports the processing result.
Multicurrency Support

Multicurrency Support

Acqurie assets in any currency that vendors use.
Calculate unrealized gains / losses for assets as exchange rate fluctuate.
Adjust asswet value in source or functional currnecy.
Disposal proceeds in source or functional currency.

Maintenance Schedule & Expense Processing

Create maintenance order to schedule the asset maintenance.
Process asset maintenance expense with maintenance order, and
Create AP Invoice for maintenance expense automatically.
Maintenance Schedule & Expense Processing

Lease Contract & Billing Processing

Set up multiple lease rate for assets
Maintain asset lease contract and villing shcedule.
Recognize lease revenue against asset lease contract.
Create AR invoice to bill customer for leased-out assets.
Create AP invoice to distribute expense for leased-in assets.
Track asset history and billing shedule.

Lease Contract Billing Processing