AssetCross® benefits include:
1. Transfer single or multiple assets
between
corporate depreciation books,
regardless of:
– Currencies
– Chart of account structures/values
– Asset category value
2. Transfer Capitalized or CIP assets
3. Transfer assets financially at [GAAP
Compliant]:
– Cost or
– Cost, YTD, and Accumulated Depr or
– NBV or
– Amortized NBV
4. Transfer assets life at:
– Default Life based on new book
– Original Life
– Remaining Life
5. Transfer full or partial (cost or units)
assets
6. Translate transferred amounts to the
receiving depreciation book’s currency
7. Maintains audit trail between the asset
being transferred and the new asset
created
8. Built-in approval process (Optional)
[SOX Compliant]
9. Reduce risk of miscalculation of new
values
10. Reduce the risk of incorrect data entry
11. Reduce the risk of data integrity
Request Demonstration:
Request Live Demonstration
Request Video (Pre-Recorded) Demonstration