You
need to analyze the tax and cash-flow implications of assets
before you acquire them. Once you have them, you need to track
their valuation and depreciation. TRAVERSE Fixed Assets gives
you the power to do just that. It will help you make wise
decisions about when to buy, when to lease, and how to manage
your capital for maximum return. You'll also have the full range
of financial and managemenent reports you need to manage your
investments and meet tax reporting requirements.
TRAVERSE Fixed Assets is based on the award-winning feature
set of OPEN SYSTEMS Accounting Software (OSAS). It was developed
with Access 97, a true 32-bit database with a
multi-tasking/threading architecture. This gives you the
capability for Internet/Intranet access and provides a seamless
interface to Microsoft Office products such as Word, Excel, and
Mail.
With TRAVERSE Fixed Assets, you'll have the forecasting tools
you need to evaluate leases, amortize loans, and experiment with
depreciation strategies before you make a capital commitment.
Keep an eye on your depreciation options with four depreciation
books that let you track four sets of depreciation information.
You can also retire assets at any time. Track the difference
between estimated depreciable and actual service life and
calculate the cost or proceeds from the retirement of an asset.
You'll stay up to date with tax law changes. Fixed Assets
provides a set of IRS-supplied depreciation tables and supports
MACRS, ACRS, straight line, sum-of-the-year digits, and
declining balance recovery methods. Flexible tables help you
make changes easily to stay current with tax laws.
