Sicon Fixed Assets

Sicon Fixed Assets is aimed at businesses requiring a real-time understanding of their asset position. Linking directly to the financial ledgers and month end processes, this is a simple module to use and will appeal to a broad range of client requirements.

Fixed Assets can be depreciated with direct postings to the Sage 200 Nominal Ledger, with six depreciation methods available, plus options for percentage and useful life. In addition, there are many standard reports included within the product.

The Sicon Fixed Assets database has the capacity to store thousands of assets, providing a single place to record information; even for those assets that are already fully depreciated, but require traceability. The solution allows additional details about the asset to be stored (e.g. asset location, employee, maintenance history etc.) making this a true asset management tool.

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Sicon Fixed Assets is available to purchase via your Sage Business Partner and is installed and maintained within Sage 200, using Sage 200 user licences with no Sicon specific user licences required.

Product Comparrison - Sicon Fixed Assets 'v' Sage Fixed Assets

Key Features

  • Fully Integrated with Sage 200 | Sicon Fixed Assets is fully integrated with the Sage 200 Nominal Ledger for posting of depreciation, Purchase Ledger for addition of assets and associated maintenance costs, and Sales Ledger for the sale of assets.
  • Real-time Data Availability | Linked to the Sage 200 period end routine, Straight Line, Reducing Balance and Sum of Digits depreciation methods are supported.
  • Easy to use | Seamlessly integrated in to the Sage 200 screens and processes.

Key Benefits

  • Depending on business requirements, assets can be entered manually or via an import from a .csv file.
  • Purchase Invoices entered via the Sage 200 Purchase Invoice entry can be used to create new assets or link to existing assets to record maintenance costs. Purchase Invoices can be entered directly from the fixed asset screen if this suits your business process.
  • Sicon Fixed Assets integrates with Sage Project Accounting and Sicon Projects for depreciation postings.
  • Depreciation forecasts are provided to help with budgeting future years’ depreciation.
  • Reports use the Sage 200 standard report designer, enabling new reports to be created and existing reports to be amended.

Sicon Modules that Integrate with Fixed Assets

  • Contracts | Fixed Assets can be associated to a Contract Line as an equipment item.
  • Documents | Documents can be added against a fixed asset, either when initially adding or when amending an asset.
  • Service | Fixed Assets can appear in the equipment register enabling service cases to be scheduled.
  • Projects | Sicon Fixed Assets integrates with Sage Project Accounting and Sicon Projects for depreciation postings.

 

Find out more….

To find out more about Sicon Fixed Assets, please contact your Sage Business Partner or contact Sicon direct on 01284 722850.

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