What your assets cost, and what they are worth. This walkthrough covers the Finance module in Asset Infinity: depreciation in as many books as you need, capital projects that collect their costs until they become assets, budgets that track every commitment against them, and the capital and FF&E plans where the money starts. It’s shown on a demo hospital system around Austin, Texas, with a new hospital under construction.
What you’ll see:
- Depreciation books for the financial statements and other reporting, each with its own rules
- Monthly runs calculated, checked and posted, with every exception explained
- A fixed asset register by book: cost, accumulated depreciation, carrying amount
- Reversals that never delete, and journals ready for the general ledger
- Capital projects (construction in progress) collecting costs as they come
- Projects over budget or past their date, flagged
- Commissioning a project into new assets, in every book
- Budgets: sanctioned, released, committed and spent
- Every commitment and invoice on record, and amendments as documents
- Overruns listed for somebody senior to accept on the record
- Capex plans with schemes, phasing and approval into budget heads
- Five-year FF&E plans against the reserve
- The asset finance dashboard
Asset Infinity is one platform for your assets, the maintenance that keeps them running, the stores and suppliers behind them, and the books that account for them.
📅 Book a demo, or start your 14-day free trial: https://www.assetinfinity.com ✉️ sales@assetinfinity.com 📞 +1-855-823-2600 · +91-9798-500-500
See it with your own assets
A demo run on an example from your industry. Or start the trial and look around on your own.