Features

JOURNAL ENTRIES

faManager does all the calculations and prepares a journal entry report for you upon request whenever you dispose of an asset or want to enter periodic depreciation. There’s no need to leave the accounting entries for disposals or monthly depreciation up to your accountants at year-end. Simply click the button to initiate the journal entry and enter the entry into your accounting records.

MARKET VALUE REPORT

Your accounting records show the net book value of your assets, but these values may differ significantly from their fair market values. faManager gives you the option to enter your best estimate of fair market values for your assets and produce a report to compare these values against net book values for any date you choose. A calculation of perceived equity is calculated and reported for each asset for which you’ve entered a market value. While these calculations don’t affect your accounting records, this report could prove highly valuable for financial lenders and/or investors who want to assess the equity your business has in its assets.

BUDGETING

Use faManager to set up capital budgeting for future periods! faManager’s unique user-definability allows organizations to plan for future asset additions or replacements. Details of future-budgeted assets can be reported in detail from faManager or exported in csv format to be manipulated or reported outside of faManager. Plan for as many years into the future as you like!

MULTIPLE LOCATION CAPABILITY

When you’re managing a large fixed asset base, whether it’s equipment and systems, rolling stock or bricks and mortar, you need to know where the stuff is right?

faManager takes locations seriously. Users can set up their own list of locations which can then be selected from a drop-down every time an asset is set up. And if an asset is moved from one location to another? No problem. Simply edit the asset, access the drop down, and chose the new location of the asset. Simple.

SEARCHABILITY

If there were a single biggest claim to fame of faManager (aside from its dead-on accuracy), it’s a phenomenal ability to help you find assets in your database. You can search by serial numbers, parts of serial numbers, parts of descriptions…search on almost any aspect of an asset, and find it in your records, quickly. This is a key area where many other software packages fail, and where faManager absolutely shines. This is what makes faManager very attractive for small companies and multi-national companies alike!

SERIALIZED ASSETS

faManager was born on the idea of tracking serialized inventory. The recording of serial numbers or Vehicle Identification Numbers (VINs) is a specialty of faManager. With the powerful search capabilities of faManager, you can search assets by any part of a serial number or VIN and find what you’re looking for. By recording specific serial numbers or VINs, you can rest assured you’re disposing of the right asset.

MULTIPLE USERS / PERMISSIONS

There is no limit on the number of users that can access your faManager database. Users can be have administrative access (accounting staff, management) or view only access (purchasers, mid-level managers, external users). Security of your database can be what you make it, and usability is not limited to the person who has the software on their computer.

ANALYTICS GALORE

Our quick-glance dashboard will show you everything you need to see from the 30,000 foot view about your assets. How many active assets do you have? How many assets in each category? What is the highest or lowest cost asset you have? Simple information really, but a quick glance occasionally at the dashboard will keep you right on top of your business’s key investments.