Fixed Assets

Are you tired of tracking fixed assets in Excel and making manual general ledger entries? If so, you need Sharetec's Fixed Asset program. It automatically depreciates your assets and updates the general ledger entries based on parameters defined by your credit union. You simply provide the depreciation start date, the acquisition amount, asset life, frequency and salvage value and Sharetec takes care of the rest. To make it even easier, you create your own fixed asset types and associate the proper general ledger accounts to them, so when the assets are automatically depreciated by Sharetec, the system uses the correct general ledger accounts and mistakes are eliminated.