Norming Asset Management module is a fixed assets addon seamlessly integrated with Sage 300 empowering users to track, manage, and maintain the lifecycle of fixed assets, from acquisition through to disposal.
It ensures accuracy in reporting and compliance with tax laws and accounting standards. Particularly when managing a large fleet of vehicles, heavy machinery, or office equipment, Norming Asset Management helps businesses optimize the assets' operational and financial performance.
Features:
Supports up to 5 books for various purposes including corporate financials, federal tax, state tax, etc.
Compliance with IFRS and US GAAP.
Flexible depreciation calculations support standard methods such as SL/DB/MACRS, user defined depreciation methods and more.
Integrates with Sage core modules AP/AR/IC/GL/PO/PJC.