Real Asset Management's specialized fixed asset software helps ensure compliance with corporate governance requirements, including US GAAP, SOX, and GASB 34/35, and can track, track, and record all changes that occur during the life of an asset.
Fixed asset software
Real Asset Management's specialized fixed asset software helps ensure compliance with corporate governance requirements, including US GAAP, SOX, and GASB 34/35, and can track, track, and record all changes that occur during the life of an asset. It encompasses depreciation processing and forecasting, leasing accounting, capital expense control, and asset tracking/physical auditing.
RAM's Fixed Asset Software will help you:
Accurate asset depreciation report
Simplify the year-end procedure
Reduce insurance premiums
Comply with U.S. tax regulations
Efficient asset auditing by location
Satisfy all audit requirements
Features and Benefits of Fixed Asset Software
Fixed Asset Software Features
Multiple companies, multiple currencies, and multiple languages if needed.
Provides complete information about the status, history, and location of the asset for audit trail purposes.
A single sign-in screen is provided for the quick addition and updating of assets.
Assets can be organized into hierarchies, identifying parent/child relationships and dependencies.
Transaction types include total and partial divestitures, transfers, improvements, cost adjustments, relocations, revaluations, and divisions.
Standard and user-defined depreciation methods can be applied by asset, asset group, and accounting period. Costs are retained for historical periods and automatically calculated for current and future periods as needed.
The audit file contains a history of all user actions, identifying which records were affected and the before/after details.
Electronic document management for fast recovery of associated files.
Flexible depreciation capabilities
A single fixed asset record enables effective management of complex depreciation:
Depreciation is automatically calculated for any period or range of periods in multiple books.
User-defined analysis criteria by asset, asset group, cost center, or accounting period.
Costs are retained for reports from previous periods and automatically generated for current and future periods as needed.
Unlimited number of standard and user-defined depreciation methods for full legal compliance.
Compatibilidade do Fixed Asset Software
Standard interfaces are provided for spreadsheet packages, property management systems such as MRI, and many major financial/ERP systems.
On-premises and cloud-based (SaaS) subscription options ensure that the system fits your existing IT strategy.
Fixed Assets Corporate Governance Compliance
When it comes to fixed asset management, RAM can help you safely comply with the latest corporate governance regulations with accurate depreciation, component accounting, and excellent reporting.
Assists in meeting ever-changing requirements of IFRS, GAAP, Sarbanes-Oxley and other SOX-type regulations.
Comprehensive audit trail.
Strong security.
Helps organizations comply with and exceed audit regulations.
Accurate data provides peace of mind.
Fixed Asset Software Cost Control Features
Improve cost control by reducing insurance premiums, extending asset life, and comparing supplier performance:
Improve asset acquisition, use, and disposal processes with one version of the truth.
Avoid negligence by creating automated alerts for important events such as insurance renewal, warranty expiration, or replacement date.
Minimize the delay in the event of a claim.
Reporting and forecasting capabilities
Explore RAM's powerful fixed asset management software to improve legal compliance and accelerate year-end reporting:
Set of standard reports, including analysis of obligations, analysis of commitments and financial leasing schedules.
Create user-definable reports for any range of past, current, and future accounting periods, and include locations, type, vendor, and department.
Restrict reports to display only records with accumulation dates within specified time periods.
Ability to sort, sequence, and filter reports by any user-defined field.
Reports can be viewed on-screen, in PDF, printed, or can be exported to MS Excel or other standard flat file formats.
Consolidated reports across multiple entities.
Create the year-end statutory return as standard with year-end reports, dividing the outstanding obligation by payments due next year, years 2 through 5, and 5+ years.
Fixed Asset Management Product Overview
RAM's fixed asset accounting system helps organizations maintain compliance with accounting guidelines and tax rules by enabling them to effectively track, track, and record every change that occurs during the life of an asset. The software encompasses depreciation processing and forecasting, lease accounting, capital expenditure control, and asset tracking/physical auditing.
U.S. Tax Compliance
Complete tax documents faster, easier, and more accurately than ever before, while managing all tax and financial requirements in one database.
RAM continuously monitors and analyzes U.S. tax rules and regularly updates software to accommodate changes.
Calculates depreciation for federal and multistate tax books and incorporates individual regulations for each of the 50 states.
Calculates section 179 charges and bonus depreciation for each applicable asset.
Complies with Publication 946 (MACRS tax depreciation tables).
It incorporates a 40% integrated utility in the middle of the quarter.
Provides out-of-the-box tax reports, including F4562 and F4797/F4626 spreadsheets.
Allows the closing of periods for internal books, separate from federal and state tax books, allowing organizations to maintain the integrity of asset data for internal audit purposes and still perform corporate tax calculations at the end of each fiscal year.
System Requirements:
CPU: 1.8 GHz dual core processor
RAM: 2 GB
HDD/SSD: 50 GB of free space on main drive
Operating system: Microsoft Windows 10, Microsoft Windows 8 32-bit, Microsoft Windows 7 32-bit, and Microsoft Windows Vista 32-bit
Resolution: 1024×768
Supported Operating Systems
Mac OS X 10.5x (Leopard), Mac OS X 10.6 (Snow Leopard), Mac OS X 10.7 (Lion), Mac OS X 10.7 (Mountain Lion), OS X 10.9 (Mavericks), and Mac OS X 10.10 (Yosemite)
Hardware requirements
Memory - 1 GB RAM and more
Free disk space - 50 MB
System type - 32-bit and 64-bit OS
You don't know what software you need or you haven't found what you were looking for? We have a team ready to help you choose the right software for your company.