News & Views

Methods of Treating Fixed Asset Depreciation

 Friday, 04 September 2015

Since fixed assets are used in the general operation of the business to produce revenue, they are not charged to the P&L but are recorded on the balance sheet; however, fixed asset depreciation is charged to the P&L annually. By gradually depreciating the asset over time and not upon acqu...

Control Capital Projects with Sophisticated Software

 Thursday, 06 August 2015

Many companies struggle to keep track of capital projects when using spreadsheets or other homegrown systems. At any given point, such systems fail to provide management with a clear picture of the status of a given project or a record of purchase orders and invoices related to that project.


Benefits of 24-7 Business Monitoring

 Monday, 03 August 2015

Many of our customers get more from their investment into our fixed asset software through RAM’s Business Activity Monitoring solution, Workflow4000. This software works with all of RAM’s modules to constantly monitor business activity round the clock— twenty-four hours per day, seven days ...

Global automobile parts maker selects Asset4000 & Track5000s

 Monday, 22 June 2015

After careful consideration of the benefits of implementing specialist fixed asset accounting and asset tracking software in terms of efficiency, reporting, scalability, and compliance, the team at IB-Tech decided to move ahead with Real Asset Management’s Asset4000 and Track5000s.


Complying with Mandatory Periodic Review of Fixed Assets

 Wednesday, 03 June 2015

Foreign Corrupt Practices act and Sarbanes-Oxley rules both require periodic review of an entity’s fixed assets to determine that the assets are in fact in existence. Therefore, proper Internal Control of fixed assets means that a periodic inventory of fixed assets should be taken. This poses a...

How to Avoid Under Insuring Your Fixed Assets

 Wednesday, 13 May 2015

Fixed asset tracking software enables an organization to maintain a healthy fixed asset register and adequately insure their assets. An inaccurate asset register could lead to a company being under insured and this could have potentially disastrous consequences.


Maintenance5000 CMMS Features

 Friday, 27 March 2015

Real Asset Management’s Maintenance5000 is a complete CMMS that manages all preventive and reactive maintenance. The system holds all maintenance-related information