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Fixed Assets

Fixed Asset Management Process Flow

Managing fixed assets in terms of depreciation flows is tricky. Find out how you can simplify the process.
March 20, 2023

The administration and management of fixed assets can be a very complex process. As assets are acquired they need to be entered into software where they can be tracked and depreciated over their useful life. Reports and exports can then be generated to answer any fixed asset or depreciation questions.

There are 5 levels in the chart below to show the flow of processing, from top to bottom they are:

  1. Documents and import files
  2. Input processing
  3. Core fixed asset software
  4. Output processing
  5. Reports and export files

Questions? Comments? Let us know in the comments section below.

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