iQ – Fixed Asset Management

iQ-Metallika Fixed Assets takes care of an organization’s assets logistics. Depreciation can be calculated using either Straight Line Method or Written Down Value method. Both Company-law and Income tax law are available. iQ-Metallika Asset Management is tightly integrated with Procurement, Inventory and Finance. Important reports are generated through the system, which give a record of the depreciation for different group of assets.

Salient Features:

  • Definition of fixed assets with details like quantity, cost, supplier info etc.
  • User definable groups for assets
  • Item Level, Group Level and Sub-Group level depreciation can be defined
  • User definable depreciation percentage as per company law and income tax-law based on utilization of assets.
  • Tracking assets and determining the current value of assets.
  • Calculation of depreciation using straight line method on written down value method
  • Accumulated depreciation reflecting depreciation of an asset over a period of time
  • Selling and scraping of assets
  • Depreciation based on – Straight Line or Written Down
  • Capitalization of Assets
  • Inter-location transfer of Assets
  • Definition of asset type as per user requirements, i.e. plant, machinery, land, building etc.
  • Tracking assets and determining the current value of assets
  • Accumulated depreciation reflecting depreciation of an asset over a period of time
  • Revaluation of an asset
  • Selling and scrapping of assets
  • Maintain Fixed assets register
  • Integration with Procurement, Inventory and Finance
Quick Contact

Contact Us & Let’s Collaborate!

New Delhi

#309, H-2 ,Apra North Ex Plaza, Netaji Subhash Place ,Pitampura, New Delhi-110034,India LandLine:+91-11-47084100
Email: Sales @imax.co.in

Chennai

4A.No352,
Panthean Road 1st lane, Egmore
Chennai-600008
Email: chennai@imax.co.in

Nigeria

Asset Corps Plaza,
Suite 32D-34D
21,Awolowo Way,Ikeja,Lagos
Email: africa@imax.co.in

USA

55 River Dr S
APt 2216
Jersey City, NJ 07310-2757 US
Email: us@imax.co.in

UAE

Dubai
P.O.Box: 31979, Dubai
UAE
Email: uae@imax.co.in

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