Frameworx Application: Fixed Assets

Category: (3) TAM Application Type

Application Identifier: 9.3.1.4

Maturity Level: 4

Overview

Fixed Asset applications provide the required functionality to manage the long-term assets of a business at a summarized level. Detailed, subsidiary asset records are not covered by this group of applications.

Functionality

Fixed Asset functionality supports the following:

• Total Cost of Ownership tracking

• Depreciation calculation

• Journal creation for purchase, depreciation, disposal and transfers

• Integration with Accounts Payable and Project Accounting applications

• Asset reporting

Supported Business Services

(3) TAM Application Type Fixed Assets

Appears on these diagrams:

• 9.3.1 Financial Core Operations

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