Enterprise Asset Management Software in UAE
Horizon Fixed Assets
Maintain and control the complete lifecycle of depreciating and non-depreciating assets from creation to depreciation, revaluation, and disposal with tight accounting integration.
Complete Asset Lifecycle Control
Fixed Asset Management provides you with an easy-to-manage, single version of the truth for your fixed assets. It enables you to maintain and control the complete lifecycle across depreciating or non-depreciating assets.
Our solution supports detailed PMV management link, including maintenance schedules and insurance, while providing tight accounting integration so that your fixed asset information is always presented accurately on financial statements.
Run projection depreciation calculations and move fixed assets between business units with ease. Execute partial and whole transfers and disposals, conduct bulk disposals with automatic gain/loss calculations.
Lifecycle Tracking
From acquisition through depreciation to final disposition
Auto Depreciation
Multiple methods with automatic calculations
PO Integration
Convert purchases to assets without re-entry
Document Storage
Photos, warranties, invoices attached to assets
Acquire Asset
Create from PO or manual entry with full details
Configure Depreciation
Set method, useful life, and recovery period
Track & Maintain
Monitor value, schedule maintenance, store documents
Transfer or Dispose
Execute transfers or disposals with auto gain/loss
Key Features
Comprehensive tools designed to streamline your financial operations
Asset Grouping
Define groups of assets based on any characteristic including type, location, custodian, and acquisition date. Group assets to depreciate all assets in each account as a single item.
Purchase Order Integration
Integration with Purchase Order Module allows easy conversion of purchases into fixed assets without re-entering data. Eligible purchases are automatically displayed to simplify the conversion process.
Transfers & Disposals
Execute partial and whole asset transfers and disposals individually to user-defined depreciation schedules. Bulk disposals with automatic gain/loss calculation on individual assets.
Multiple Depreciation Methods
Select from predefined depreciation schedules including straight-line, fixed declining, sum-of-the-years-digit. Each method includes different averaging conventions, useful life, and recovery periods.
Documentation Storage
Store asset photos, purchase orders, maintenance agreements, warranties, invoices, and other documentation in the asset file. View them on screen anytime for complete accessible records.
Integrated Financial Reporting
Drill-down capabilities from financial statements to related fixed asset transactions. Out-of-the-box asset summary reporting showing beginning balances, changes during period, and ending balances.
Key Benefits
Maximize your bottom line with fast, dependable, customizable fixed asset management that provides complete visibility and control over your asset portfolio.
Lifecycle Management
Track assets from acquisition through final disposition with complete history.
Complete Depreciation History
Detailed asset profile provides complete depreciation history to assist with asset retirement management.
Group Depreciation
Group assets to depreciate all assets in each account as a single item for simplified processing.
Automatic Calculations
Automatic calculation of depreciation according to predetermined plans and schedules.
Auto GL Posting
Automatic links to financial modules enables depreciation entries to be posted directly to general ledger.
Intuitive Interface
Easy to implement, learn, and use with Asset Masters for quick and accurate asset creation.
Reduced Operational Costs
Streamlined processes reduce associated operational costs and administrative burden.
Eliminate Human Errors
Automated processing eliminates human errors in documents related to fixed assets.
Full Visibility & Control
Obtain complete visibility and control over any operations on fixed assets.
Tailored for Your Industry
Specialized solutions designed to meet the unique challenges of diverse sectors
Seamless Integration
Works perfectly with other Horizon modules for unified asset management
Frequently Asked Questions
Find answers to common questions about Fixed Asset Management
The system supports multiple methods including straight-line, fixed declining balance, sum-of-the-years-digit, and custom methods. Each can include different averaging conventions, useful life periods, and recovery periods.
Yes, the PO Integration feature automatically displays eligible purchases for conversion to fixed assets without re-entering data, simplifying the asset creation process.
You can execute partial or whole asset transfers and disposals individually or in bulk. The system automatically calculates gain/loss on disposals and tracks all transfer activity.
You can store photos, purchase orders, maintenance agreements, warranties, invoices, and any other documentation. All documents are viewable on screen at any time.
Yes, automatic links to financial modules enable calculated depreciation entries to be posted directly to the general ledger, ensuring accurate financial statements.
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