Cedar Asset Solutions integrate all core activities on Fixed Asset management functions on a particular asset throughout its lifespan. It provides an easy-to- manage, single application for the organization fixed assets. These activities include Acquisition, Capitalization, Capitalization memo, Depreciation (Manual and Automatic), Revaluation, Asset Transfer, and Asset Disposal.
Cedar Asset Solutions also enables you to maintain and control the complete lifecycle across depreciating or non-depreciating assets from creation to depreciation, revaluation and disposal. It supports detailed asset management, including maintenance schedules and insurance, while providing tight accounting integration so that the fixed asset information is always presented accurately on the financial statements. It can also be integrated with any other ERP solution in the market as long as the solution supports integration.