FlexiAssets

FlexiAssets is a fixed asset management software that helps bring together your capital projects, assets, accounts payable, and general ledger into a fully integrated solution. The software lets you track your assets across multiple locations, departments, or companies, under multiple depreciation schedules.

Available on-premise or in the cloud, FlexiAssets can work alongside Flexi’s accounting software options to examine expenditures against project budgets, and helping the information flow seamlessly into your general ledger.

Video Overview

FlexiAssets Features

• Manage the lifecycle of fixed assets, including acquisition, depreciation, adjustments, and disposal
• Track and report real-time asset values and depreciation forecasts
• Control project spending
• Manage multiple depreciation methods
• Manage compliance

FlexiAssets Asset Processing

• Auto or Manually Assign Asset
• Numbers
• Multiple Part Numbers per Asset
• Asset Description
• Purchase Cost
• Installation Cost
• Residual Value
• Multi-Currency
• Multiple Companies
• Multiple Departments, Cost Centers
• Acquisition Date
• In-Service Date
• GL Effective Date
• Installation Date
• Unlimited Books (State, Fed, etc.)
• Estimated Life
• Quantity
• Multi-Level Locations
• Multiple Property Types

FlexiAssets Depreciation Methods

• ACRS ADS
• ACRS GDS
• ACRS Straight Line
• Fixed Percent
• Fixed Percent Declining Balance
• MACRS ADS Declining Balance 150%
• MACRS ADS Declining Balance 200%
• MACRS ADS Straight Line
• MACRS AMT Straight Line
• MACRS GDS Declining Balance 150%
• MACRS GDS Declining Balance 200%
• MACRS GDS Straight Line
• Prorated Daily
• Remaining Value & Remaining Life
• Standard Declining Balance 125%
• Standard Declining Balance 150%
• Standard Declining Balance 175%
• Standard Declining Balance 200%
• Standard Period
• Standard Straight Line
• Standard Sum of the Year’s Digits
• Units of Production
• Bonus Depreciation