Powerful, compliant, flexible and simple
Xledger transforms your asset management. Our solution enables tax and accounting professionals in organisations of every size to automate and manage the complete fixed assets lifecycle—from construction and acquisition through to disposal. Dramatically reduce the time and effort you spend managing, depreciating, and tracking fixed assets. Eliminate the errors, interventions, and uncertainties that plague Excel and stand-alone asset management applications. Xledger gives you standardised accounts and 28 pre-defined asset categories, with more available as needed.
Xledger’s asset management includes the following features:
- Automated depreciation with numerous posting and non-posting depreciation setup rules and classifications
- Simple data entry of new assets and disposal for retiring assets
- Asset linking for PO and GL activity using 28 pre-defined asset categories
- Compliance with tax codes
- Reduced data entry errors through standardised depreciation policies and templates
- Reporting available by asset category or individual asset
- Multi-currency support
- Audit trail for full visibility and control.
Xledger is a comprehensive financial management system. This means you can handle all accounting and finance processes from one place. All modules are integrated in the solution and you choose what you want to use. A number of processes have been automated. Process automation and a paperless workflow is one of the basic ideas behind Xledger.