Depreciation and Financial Accounting
Standard depreciation methods, custom methods, and asset-specific depreciation giving you the flexibility you need to manage your assets.
Depreciation and Financial Accounting are the foundation of WorthIT. With WFAC, you can:
- Use the built-in depreciation methods or design your own custom depreciation tables.
- Customize your G/L chart of accounts up to 10 levels deep.
- Maintain multiple companies and multiple depreciation profiles.
- Preview depreciation registers and posting of adjusting entries and corrections as often as necessary prior to final posting.
- Dispose assets partially or in whole and preview the potential gain or loss.
- Transfer assets / asset group and pro-rate costs.
- Enter adjustments and reversing entries and preview results.
- Preview the G/L posting voucher summaries prior to posting.
- Built-in security features for administrators to deploy user access controls, permissions and previous access trail.
- And so much more....
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About WorthIT Fixed Assets
WorthIT Fixed Assets is a comprehensive Business Reporting Solution that strikes the best balance between software features in key areas of Fixed Assets management, reporting compliance with internal and IFRS standards, ease of use and cost of ownership and maintenance.
About Our Company
Management Reporting Systems (MRS) Ltd. is a full-service, relationship-centric IT consultancy firm offering our clients a compelling on-shore alternative to building and delivering best in class technology solutions. We bring experience, expertise and software development processes, refined during 35+ years of diverse client engagements, to deliver complete IT solutions that significantly improve operating efficiencies.
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Contact
75 International Blvd.
Etobicoke, ON, Canada
M9W 6L9
Sales: info@mrscompany.com
Support: witsup@mrscompany.com
Local: 416-620-2720
Toll Free: 1-888-967-8411