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You need to analyze the tax and cash-flow
implications of assets before you acquire
them. Once you have them, you need to track
their valuation and depreciation.
Intrust Win Fixed Assets gives you
the power to do just that. It will help you
make wise decisions about when to buy, when
to lease, and how to manage your capital for
maximum return. You’ll also have the full
range of financial and management reports
you need to manage your investments and meet
tax reporting requirements.
Intrust Win provides the
capability for Internet/intranet access and
provides a seamless interface to Microsoft
Office products such as Word, Excel, and
Outlook. You’ll have the forecasting tools
you need to evaluate leases, amortize loans,
and experiment with depreciation strategies
before you make a capital commitment.
Keep an eye on your depreciation options
with four depreciation books that let you
track four sets of depreciation information.
You can also retire assets at any time.
Track the difference between estimated
depreciable and actual service life and
calculate the cost or proceeds from the
retirement of an asset.
You’ll stay up to date with tax law changes.
Fixed Assets provides a set of IRS-supplied
depreciation tables and supports MACRS, ACRS,
straight line, sum-of-the-year digits, and
declining balance recovery methods. Flexible
tables help you make changes easily to stay
current with tax laws.
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Additional Fixed Assets Features: |
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calculate depreciation for a
combination of books
including book, federal tax,
alternative minimum tax, and
other (such as state or
local)
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eliminate manual journal
entries; the INTRUST WIN
General Ledger interface
records accumulated
depreciation expense entries
automatically when you post
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change the system to conform
to your tax assessment and
reporting needs with user
definable tax districts
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group related assets for
reporting purposes or link
additions and adjustments to
original assets by using
multiple-part asset IDs
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modify the system to conform
to the way your business is
organized with
user-definable location
fields
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track actual and scheduled
service maintenance dates
with a description of work
performed for each asset
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Fixed Assets Reports: |
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Period Depreciation Journal
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Lease vs. Buy Analysis
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Trial Depreciation Schedule
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Additions Journal
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Retirements Journal
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Asset Value Report
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Depreciation Comparison
Report
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Credit Recapture Report
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Property Assessment Schedule
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Percent of Business Use
Report
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Gains and Losses Report
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Depreciation Summary Report
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Credit Summary Report
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Depreciation Tax Report
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(for IRS Form 4562)
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