Micro Electronics is the parent of several technologically
gifted children: its divisions. The company's nearly
20 Micro Center computer retail stores, which average
45,000 sq. ft., feature about 36,000 products organized
in more than a dozen specialized departments. Micro Center
is the largest of Micro Electronics' divisions and operates
in 13 states. Micro Electronics sells its own brands
of notebook and desktop computers under the WinBook and
PowerSpec names. Micro Center Online is the company's
online and phone order operation.
When Micro Electronics decided to switch to the Bassets
Fixed Asset System from a competitive product, they got
more than they bargained for. They selected Bassets based
on the accuracy of their depreciation calculations with
a 445 calendar. In addition, they wanted a CIP (Construction
in Progress) module to track their invoice activity. Surprisingly,
the most benefit may have come from what proved to be a
difficult data conversion. Mismatching of property type
and depreciation method/first year convention/recovery
periods in the old system tested the Bassets technical
staff, but now Micro Electronics is getting the correct
monthly depreciation calculations.
