Contact Us: sales@cdci.com support@cdci.com forms@cdci.com 1.800.285.3929 Fixed Assets The Fixed Assets module complements Profit Builder Millennium Accounting and Equipment Maintenance software. It is designed to automate and simplify an otherwise tedious job. This add-on module eliminates guesswork and the time-consuming process of manually accounting for and calculating depreciation of fixed assets. A single entry that is calculated and posted in the Fixed Assets module automatically creates the corresponding General Ledger entries for each month. The result is accurate postings and maximization of tax benefits. Key Features Depreciation is calculated based on Straight line depreciation Sum of years digits Declining balance Declining balance straight line Each category's depreciation expense can be accelerated to correspond to current tax rulings Historical data is stored and readily available Postings are generated monthly for an accurate balance sheet and profit/loss report Budgeting errors are avoided with accurate equipment depreciation status Purchase date, purchase amount and salvage value are recorded and easy to retrieve Assets can be assigned to groups for posting to different General Ledger accounts Seamless interface with the Equipment module provides effective depreciation tracking for all equipment, machines, trucks, etc. Depreciation schedules can be viewed in total or over a range of dates   Back to Profit Builder Millennium Overview Select a module to review Accounts Payable Accounts Receivable Contract Billing Equipment Cost & Maintenance Fixed Assets General Ledger Inventory Job Cost Payroll Purchase Order Subcontract Control

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