HarrisData Fixed Assets Features
Asset Information Management
Asset number and description
Yes
Unlimited depreciation schedules against a single asset
Yes
Separate location and building specification
Yes
Track purchased and leased assets
Yes
Insurance values, replacement costs, carrier information, key dates
Yes
Asset identification
Yes
Vendor and PO number
Yes
Property type
Yes
New/Used
Yes
Asset class and family
Yes
Depreciation Flexibility
Modified Accelerated Cost Recovery System (MACRS)
Yes
Straight line
Yes
Declining balance
Yes
Sum of years' digits
Yes
Accelerated Cost Recovery System (ACRS)
Yes
Real-Property ACRS
Yes
Adjusted Current Earnings (ACE)
Yes
Non-depreciable
Yes
Combined methods
Yes
Mid-month, mid-quarter, half-year conventions
Yes
What If Projections
Multiple projection libraries
Yes
Adjust any parameters for what if analysis in copied library
Yes
Calculate up to 60 years into future
Yes
Full details available
Yes
Detailed or summary reporting
Yes
Simplifies budgeting process
Yes
Regulatory Compliance
Section 179 Expense recording
Yes
Standard or reduced ITC percentage
Yes
Tax worksheets
Yes
Fully Integrated
Automatic creation of General Ledger transactions
Yes
Comprehensive Reporting
Depreciation Register
Yes
Transfer Register
Yes
Acquisition Register
Yes
Retirement Register
Yes
Asset Master
Yes
Aged Assets
Yes
Leased Assets
Yes
Mid-quarter Analysis
Yes
Annual Registers
Yes
Tax worksheets
Yes
General Ledger detailed reports
Yes
Flexible Report Writer
Yes