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FAMS is a Fixed Assets Management Solution.
What it maintains and does ?
Salient features of FAMS :
A complete software to maintain records of fixed assets.
Maintains details including assets of cost, useful life, user, location, department, cost center and may more.
Multidimensional assets can be added by creating User Defined Fields.
It is an event-recorder of the asset like shifting, sale, discard, split.
Also records Annual Maintenance Contracts, warranties and insurance details.
Timely alerts are given for proper management of the assets.
Gives legal coverage for calculations in much finer details.
Depreciation calculations are done keeping in mind the Companies Act, 1956.
Covers retrospective change in Rate/Method, block-wise depreciation as per Income Tax Act 1961.
It gives flexibility to create two additional user defined depreciation books like Depreciation books as per parent company requirements.
FAMS comes with 37 standard reports ranging from Fixed Asset Schedule to Asset Register and Cards.
Opportunity to create reports as and when required with Easy-to-use query builder.
Reports have range and filter selection facility.
Is flexible as it can be exported to MS Word/Excel formats.
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