Global Software, Inc.'s iSuite Financials Fixed Assets application is ...
Global Software, Inc.'s iSuite Financials Fixed Assets application is ...
Global Software, Inc.'s iSuite Financials Fixed Assets application is ...
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iSUITE FIXED ASSETS<br />
FEATURES & BENEFITS<br />
Asset Management<br />
• Create templates for quick and efficient entry of<br />
assets & transfers<br />
• Mass or partial transfers and d<strong>is</strong>posals, as well as<br />
reinstatement functions are available<br />
• Facilitates like-kind exchange depreciation<br />
according to IRS Notice 2000-04 as well as GAAP<br />
• Ability to suspend depreciation for idle assets<br />
• <strong>Assets</strong> with negative or zero cost/depreciation are<br />
accommodated<br />
• Automatic depreciation calculations for actual &<br />
budget periods<br />
• Parent/child asset relationships<br />
• Import feature for additions<br />
• Export feature for general ledger<br />
• Numerous depreciation methods involving straight<br />
line, ACRS, MACRS, Alternative MACRS and<br />
• Import/Maintain associated User Notes and Images<br />
Reporting<br />
• Reporting based on user defined levels, including<br />
individual companies, groups, locations, etc.<br />
• Financial reporting for addition, transfer, d<strong>is</strong>posal<br />
and trade-in activity, for any period<br />
• Projection reporting for budget purposes up to 50<br />
years in the future<br />
• Tax reports provided, based on IRS forms 4562,<br />
4626 and 4797<br />
• Ability to create and save reports in multiple<br />
formats (.xls and .pdf)<br />
System Values<br />
• Allows user to parallel multiple depreciation books<br />
for each asset, providing separate calculations for<br />
financial and tax reporting as appropriate<br />
• Independent f<strong>is</strong>cal year closing of depreciation<br />
books, allowing staggered closing of a year-end to<br />
accommodate timing differences in financial and tax<br />
periods<br />
• Short f<strong>is</strong>cal year calculations are supported<br />
according to IRS regulations<br />
• Accommodates 52-53 week year including thirteen<br />
accounting periods and unequal accounting periods<br />
Want to learn more?<br />
Contact us today.<br />
<strong>Global</strong> <strong>Software</strong>, <strong>Inc</strong>.<br />
3201 Beechleaf Court<br />
Suite 170<br />
Raleigh, NC 27604<br />
USA<br />
Phone: 1.800.326.3444<br />
Fax: 1.919.876.8205<br />
Email:<br />
Web:<br />
info@glbsoft.com<br />
glbsoft.com<br />
Trademark Acknowledgements: Trade names referenced are the service marks, trademarks, or reg<strong>is</strong>tered trademarks of their respective manufacturers in the United States and/or other countries. <strong>Global</strong> <strong>Software</strong>, <strong>Inc</strong>. <strong>is</strong> not associated or<br />
affiliated in any manner with the respective owners of the foregoing trademarks, trade names or service marks unless expressly stated otherw<strong>is</strong>e. The respective owners of the foregoing trademarks, trade names or service marks have not<br />
endorsed, certified or approved any of <strong>Global</strong> <strong>Software</strong>, <strong>Inc</strong>’s products for use in connection with their respective products.
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