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Fixed Assets

  • Seamless integration with ACCPAC Advantage Series.
  • Support Pervasive SQL, MS SQL Server, Oracle and IBM DB2.
  • Flexible asset numbering.
  • Comprehensive transaction processing.
  • Powerful depreciation facility.
  • Full multicurrency support.
  • Support US MACRS and Canadian Tax Pooling.
  • Image can be attached to location and asset register.
  • Extensive inquiries and reporting functionality.




Norming Asset Management is developed in the latest ACCPAC Advantage Series Software Development Kit, has the same look, feel, level of integration as the ACCPAC Advantage Series core module .

  • Use the fiscal calendar and currency of Common Service module.
  • Asset transactions generate General Ledger batches automatically.
  • Integration with PO streamline the asset requisition, purchase and invoicing process.
  • A/P invoice can be created automatically from asset acquisition batch.
  • Drill down from G/L and A/P to originating asset transaction.


  • Acquire assets in the currency that vendor would use.
  • Calculate unrealized gains and losses for active asset as exchange rates fluctuate .
  • Adjust asset value in source or functional currency. .
  • Disposal proceeds in source or functional currency.

Flexible Asset Numbering

  • Asset ID can consists of up to 72 characters,with maximum 9 segments.
  • Each segment can use the segment code that is respectively defined in category, cost center,location,and group .
  • Auto numbering facility is also available.

Comprehensive Setup Option

  • Options
  • Accounts Sets
  • Categories
  • Cost Center
  • Locations
  • Groups
  • Depreciation Periods
  • Depreciation Methods
  • Acquisition Codes
  • Classifications
  • Budgets
  • Templates


  • Acquisition can work with PO to manage the asset acquisition process.
  • Acqusition Enrty book the transaction and define the asset information.
  • A/P invoice batch is automatically created from acquisition batch.


  • Asset depreciation use standard or user-defined formula. .
  • Batch-driven depreciation allows the preview of the transaction prior to posting. .
  • Depreciation periods switch on/off the asset depreciation. .
  • Depreciation Projection facilitates the financial planning. .
  • Full support the US MACRS/ARCS rules and Canadian Tax Pooling.


  • Change asset value or salvage value for book or tax purpose .
  • Change asset year depreciation. .
  • Transfer assets between cost centers, and locations. .
  • Change asset life, depreciation method and rate for book or tax purpose.


  • Asset is disposed at user-specified proceeds amount with user-defined proceeds account.


  • One asset is split to multiple assets .
  • Multiple assets are merged to one asset.

Extensive Inquiries and Reporting Capability .

  • Search asset by category, group, cost center, location. .
  • Review complete asset activities history and the original transaction entry. .
  • Check component assets of master asset. .
  • Maintain serial no. and bar-coding for each unit of asset. .
  • Print standard or customized label for each unit of asset. .
  • Print asset list, asset history and depreciation report for audit or reconciliation with G/L. .
  • Print depreciation projection report for the financial planning .
  • Print capitalization analysis to compare budget with expenditure.




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