Click a role to view what momentohs® enterprise can do for you
home > momentohs® > fixes asset

 
 
 

 


The Power Of Integration: Delivering Stellar Business Performance

momentohs® Fixed Asset module maintains a comprehensive record of all assets owned by the property and performs depreciation calculations as and when applicable. Calculations are journalised, posted to the momentohs® Financial module and then archived to keep records of assets at timely intervals. The module can even be used independently or as a fully integrated part of momentohs® enterprise.

The Fixed Asset module also allows capturing of information such as Hire Purchase and lease details. In addition, the asset tracking of single or multiple locations is made simple with the ability to cater for multi-location and flexible profiles. Computation of tax allowances - i.e. initial and annual allowances is also facilitated. Fixed Asset is synergistically integrated with Inventory Control, Finance (for day-to-day activities) and the Business Intelligence module providing analysis based on budgets and depreciation outputs.

momentohs® Fixed Asset

Work Process

  • Purchase request/Order & Receive note
  • Asset Creation and movements
  • Budget & Insurance Tracking
  • Valuation of Assets
  • Tracking of Assets in locations
  • Asset Maintenance and disposal
  • Depreciation process

Asset Entry and Tracking

  • Categorisation of Assets
  • Serial No. & Barcode Facility
  • Quick & Fast Entry of Assets
  • Tracking of Individual Assets
  • Detail of Assets with location & employee

Service & Maintenance

  • Asset Maintenance/Services to Vendors
  • Service status for each Asset
  • Weekly/Monthly/Quarterly/Year-wise Depreciation Process
  • Different methods of Depreciation (Straight line, Declining Balance method and Reduced rate)
  • Depreciation based on Capitalised, Revaluation and Asset addition

Reports

  • Asset Tracking Reports
  • Depreciation Reports with Locations/Employees
  • Asset Maintenance/Service with Vendor Details
  • Purchase and Receive note reports
  • Asset Analysis
  • Asset Revaluation Analysis

Administration Tools & Security

  • Multi-level Security Management
  • Creation of Users and Groups
  • User Programme Setup
  • Granting access rights to user groups at the function level

Functions

Multi-Company, Multi-Division and Multi-Location Assets Maintenance, Asset Profile, Asset Unit, Asset Category, Department Category, Fixed Asset Addition, Asset Depreciation, Asset Revaluation, Asset Written Off or Sold, Location Movement, Purchased Asset, Depreciation Report (Month Wise), and Actual Vs Budget Analysis Report.

 
For five to seven star chain properties, it encompasses the entire spectrum of a hotel’s operations at property level and Head Office central MIS.
For medium size properties from 50-250 rooms, which require reduced functionality at a lower price and yet manage its operations efficiently.
For small to medium size resort or city boutique hotels with less than 50 room, it provides better features than off the shelf software at a competitive price and yet scale up to sprint when required.
For fine dining and table service restaurants, it is a fully integrated solution with POS, Financial, Cost control and Guest Experience.
 
 
 
 
 
SevenSeas Computers LLC