Assets Management System
What is an Asset Management ?
Asset management may be defined as a structured approach to the long term management of assets as tools for the efficient and effective delivery of community benefits.
In other words >> A systematic process of effectively maintaining, upgrading and operating assets, and providing the tools to facilitate a more organized and flexible approach to making decisions necessary to achieve the public’s expectations.
Why need Asset Management System ?
>> To keep record of all the assets.
( Description, Custodian, Price, Location, Type of Asset )
>> Movement record.
( In and Out )
>> Keep record of related documents.
(Manuals, Purchase Orders, Image)
>>Depreciation of assets using different methods.
(Straight line method, Double declining method, Sum-of-the-