Fixed Assets & Depreciation
Focus 8 has a fully integrated Fixed Assets & Depreciation module that allows you to seamlessly create assets from purchased and perform statutory transactions and administrative functions efficiently and automatically
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Create assets from purchases instantly for single or multiple assets through quantity
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Select from multiple depreciation methods (St. Line, cumulative, etc) based on the selected asset
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Create hierarchies and groups of various assets
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Allocate assets to a location, employee or any other parameter
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Define various periodic depreciation schedules for auto-posting to GL
Asset Maintenance
Focus 8 provides information to effectively plan, schedule and execute efficient maintenance processes signifying the effect on the P & L.
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Scheduling of maintenance jobs
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Track effective job performance
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Trach consumables and charges towards maintenance
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Track replacements
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Job material requirement procurement
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Asset usage and tracking
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Job scheduling based on usage
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Breakdown scheduling and equipment failure
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Maintenance reports
Asset Revaluation & Repair
Focus 8 allows you to accurately re-evaluate your assets, and assess their values based on their condition of repair.
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Prolong your asset life by ensuring that it is in a good state of repair
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Continually enhance asset value and capability by adding components as child attributes
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Manage value deductions or accelerate depreciation as per the statutory compliance/as required
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Automatically post entries into the financial module upon re-evaluation
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Add value to your assets upon repair completion
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