"It doesn't make sense for any smaller company to carry on using spreadsheets for asset management. Express does everything you need at a cost that even the smallest company can afford"
David Drury, Finance Director, L. J. Monks

Assetware Express is a Fixed Asset accounting package especially designed for the smaller business. The package handles up to 1000 assets, and allows reporting over up to three companies. Asset accounting policies are in accordance with UK GAAP.

Express is a very affordable system, ideal for spreadsheet users who want to cut costs and improve control through best practice asset management. Quick and easy to install and set up, Assetware Express is available for a 30 day free trial period.

The system manages each purchase as an asset in its own right.  One asset record can be made up of multiple units and is allocated to a combination of asset class, financial cost centre and physical location.  These are determined by the user via a simple user interface, and can be amended as the business evolves.

The asset class enables the user to define standard depreciation policies. These are automatically detected whenever an asset is allocated, and charges are produced against the selected financial cost centre.  A number of standard depreciation policies can be selected for the asset class and can be overridden against the asset record.  The depreciation is then charged to the financial cost centre selection in order to determine the journal coding allocation required for simple journal entry reporting, in accordance with the nominal structure within the accounting system.

The asset record is quickly and easily set up through a series of asset pages or a quick entry form. Each record holds information such as purchase cost, purchase date, order details, supplier, internal contact, serial number etc, with total flexibility in the information required.  A series of user definable fields are available for customising to individual business needs.

A series of company defaults are specified at the point of system creation. This ensures consistency and adherence to company policies, such as default depreciation start dates.

Assetware Express records asset transactions that cover financial and non-financial movements, including disposals and additions. It has advanced reporting facilities, including the ability to define user ‘views’ of the data. A full audit history is maintained.

Assetware Express is supplied with a data setup facility; clearly defined periods end routine, a variety of depreciation methods and a set of standard reports that are compliant with UK GAAP and IAS. 

CLICK HERE to find out how you can use Assetware Express for a 30 day free trial