Fixed Asset Software for Central Government

Fully compliant with HM Treasury guidelines for MHCA and a proven solution for fulfilling standard audit requirements, the Series4000 suite of fixed asset modules is now used by over 80 central government organisations and a number of shared services centres across the UK.

Benefits

• Fully compliant with current MHCA guidelines.
• A Balance Sheet report by analysis code details RAB specific calculations to provide a snapshot of the current financial situation.
• Applies revaluation reserve rules to identified, donated assets in accordance with RAB.
• Satisfies Historic Cost Accounting, Current Cost Accounting and Alternative Asset Values depreciation requirements.
• Depreciation methods are completely user definable by asset, asset group and period of account.
• Instant asset analysis reports for past, present and future periods.
• User-definable analysis fields for comprehensive reporting.
• Enables the effective tracking and management of leased assets across the organisation, maintaining a centralised database.
• Comprehensive user audit trail.
• Data links are provided to spreadsheets and general ledgers.
• Full implementation service provided including data conversion and training.
• Computerised maintenance management (CMMS) for the control of planned and un-planned maintenance.