Keep an up-to-date record of all fixed assets, apply relevant
depreciation rules automatically, and produce reports easily with
IRIS Fixed Asset Register.
IRIS Fixed Asset Register manages assets through their lifetime
enabling you to verify and report on tangible assets instantly.
It’s a simple to use but highly efficient tool for accountancy
practices and businesses. Once set up, it saves you time and effort
year after year.
You will no longer need to check original costs in manuals or
worry about disposals that may not be completely written off. With
IRIS Fixed Asset Register, reports are delivered when required,
from a summary, by asset group or full details of an individual
asset.
You’ll not only know what a company owns but also the net book
value of those assets, where they are and who uses or owns
them.
Key benefits
- Improve efficiency every year - once
completed, the software produces a checklist for future
calculations
- Meet statutory obligations - with automatic
posting generation, detailed asset information and comprehensive
reports
- Save time - with quick and easy access to
amend and update assets using the on-screen browser
- Produce a trial balance more quickly -
depreciation, hire purchase and revaluation information is simple
to extract
- Eliminate manual intervention year on year in
calculating depreciation, lease, hire purchase liabilities and
finance charges - just enter acquisitions and disposals before
posting to the accounts
Efficiency through full integration
Working with the single central IRIS database makes IRIS Fixed
Asset Register even more efficient. This eliminates the need to
re-key information, which increases productivity and improves
accuracy, especially when used in conjunction with:
- IRIS
Accounts Production - ensuring the correct policy
information is shown in the financial statements, as IRIS Fixed
Asset register prepares a journal ready for importing
- IRIS Business
Tax - allowing the capital allowances calculations through
one central screen