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  Lighthouse™

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Fixed Assets

The Fixed Assets system solves the complicated deprecation and insurance problems associated with buildings, machines or any business property with speed and simplicity.  Lighthouse™ provides online access to book value, location, and multiple user-defined deprecation methods providing timely and accurate information for both your tax and financial management staff.  Reporting can be useful in making buy/lease decisions and determining the impact on assets of changes to method, life, remaining life, convention, or basis.

Features:

bullet Maintains up to 5 sets of books per asset
bullet Calculations can happen monthly, quarterly or annually in to the GL that can handle any fiscal year, 4-4-5 quarters, 13 periods, or 53-week years
bullet Interfaces with the general ledger system for department allocation of shared assets

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