Fixed asset management in Strategic Focus occurs via the fixed asset schedule
The asset schedule caters for both fixed and intangible assets which can be viewed per period. Information required for the fixed asset schedule include:
- the asset class
- the percentage depreciation for fixed assets or amortization percentage for intangible assets like goodwill
- method of depreciation
- Capex additions and disposals.
Strategic Focus fixed asset management includes using this data to automatically adjusts the profit and loss, balance sheet, cash flow and all results.
Viewing the schedule gives a summary of the activities of each asset per period of the analysis.