Opera II Fixed Assets maintains a complete register of your company’s assets, from their initial acquisition through to disposal. It will help you keep control of the resources your company has invested in, so that you can avoid misappropriation and make the most of their value by managing them in the most efficient way.

Opera II Fixed Assets caters for all types of assets, so you can record details of:

• Finance or Operating Leases
• Hire Purchase/Lease Purchase assets
• Company owned assets
• Assets of any other type

Key features

• Methods of depreciation: Straight Line Amount, Straight Line Percentage, Reducing Balance, Immediate Write Down, Manual
• Depreciation calculated per period or days in period
• Ability to change depreciation method and backdate depreciation charges
• Optional link to Nominal Ledger with Cost Centre and Advanced Nominal analysis
• Facility to update the Nominal Ledger with the depreciation calculation in real time
• Assets grouped by Categories and Balance Sheet Groups
• Facility to record asset quantities
• Full or partial disposals; disposal methods can be defined by the user
• Ability to create and link sub-assets to an existing asset
• Asset location and reporting facility
• Full or partial asset transfer for locations or cost centres
• Revaluation of current year and prior year assets
• Numbering of assets defined by the user or automatic
• Ability to re-number main assets, with automatic sub-asset numbering
• Facility to enter opening balances for assets acquired in previous periods or years
• Depreciation method, depreciation rate and category override facility
• Facility to record finance, supplier and insurance details
• Reports included: Additions report, Depreciation forecast report, Disposals/Transfers reports, extensive audit trails, Statutory Movement report
• Previous year depreciation and adjustments
• Report on depreciation charges for up to 24 Nominal periods
• Integration with Purchase Order Processing, Purchase Ledger and PIR for automated asset creation from the supplier invoice
• Fully automated utility for upgrading from Opera Fixed Assets
• User-definable fields may be added to Category Groups
• Global insurance update for percentage or fixed amount increases or decreases
• Integration with Executive Dashboard, XRL, Document Management and Pegasus Instant Messenger