Pople think that asset/property management is a duty to manage cash and personal investments. Normally, financial services companies For an asset management business, things are very different. In general, the act of tracking all the valuable things to the organization so that the assets are developed, performing maintenance and selling as efficiently as possible.
Trick Asset management is the management of the physical assets of the organization, so nothing will be wasted, nothing is free, and everything that needs to be upgraded will be upgraded.
Describe asset management For an asset management business, it is an asset management of an organization, so it can be used as cost-effectively as possible. Property management involves tracking, maintaining and improving important assets to ensure that everything that the company owns is best used. Companies with good asset management will keep track of everything from ideas to life. The assets of the company understand the location, use and status of the asset repair so that nothing is empty.
Asset management decreased Asset management is a way to add value to the organization by managing assets for efficiency, reliability or cheaper. Helps businesses quickly see where the assets are located, which are in old and old conditions and need some work. This information allows businesses to plan orders, schedule maintenance and find the value of assets in the balance sheet. With better information about how to use physical assets, the company can evaluate the results of their assets with maintenance costs in order to understand the right time to replace assets compared to solving those problems.
Key features of the property management system
Able to organize various asset management structures according to the policies of each company Able to connect data between other systems (Accounts Payable, Account Receivable, General Ledger, Controlling, Vendor & Procurement) Can support other connected devices, such as using a handheld to count property etc. Supports foreign currency with unlimited currency.
Supports multiple languages There is an alert system in the Alert system in the program, such as due reminders, property counts. , Notification of the deadline, condition check, etc. Can display the simulation data of the account recording before actually recording Can display an overview of the assets that are registered And showing details of the depreciation plan Including the history of retroactive depreciation
Chart of Depreciation Used to define the group of depreciation plans according to the structure Most users tend to prefer the separation of Chart of Depreciation by country, but the Chart of Depreciation will depend on the structure and policy of each company. Users can choose to customize themselves.
Asset Management Master Asset Class data is information that is defined for the structure of the property. Or as a classification for assets according to the needs of the organization With information such as depreciation methods Lifetime, carcass price to be used as the initial value for each type of property.
Asset is an important part of creating the basic information of the property. This section will be used to store various details about the property. From the picture, it can be seen that the asset is placed under the Asset Class. The Asset Class is the type that helps categorize the assets.
