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The Asset Management module of Wings helps you manage all the company's fixed assets efficiently and helps in maintenance, insurance, etc. Asset Management is tightly integrated with other modules. The module offers a large number of valuable reports and analysis.

Creation of unlimited
categories of Assets
Recording of
Asset Purchases
Maintaining comprehensive
asset information
Calculating Depreciation on
Assets on various basis
Asset Valuation Additions to Assets
Track Assets Received Maintaining Asset repairs details Transfer of Assets
Sale of Assets Insurance Management AMC Management
Features
Creation of unlimited categories of Assets
Wings Asset allows the user to create and maintain any number of Fixed Assets Accounts. The user interface for creating and maintaining assets is graphical and easy.

Like all other masters, Asset accounts are maintained in Tree form with unlimited levels of Grouping and Sub-Grouping. These Accounts are accessed by name, and codes are optional. The assets can be tagged to one or more branches thereby allowing assets to be managed by location.

Recording of Asset Purchases
Wings Asset allows the user to maintain comprehensive details of each asset. The user can effectively monitor data such as repair and maintenance history, schedule the repairs, keep track of re-insurance details, etc. In the Asset Register of Wings Asset, all the details of the asset from the time of purchase of the asset to retirement of the asset are recorded. Wings Asset allows the user to track the information such as person in charge of the asset, location, etc.
Maintaining comprehensive Asset information
Wings Asset helps in maintaining a comprehensive track of asset information.
Calculating Depreciation on Assets on various basis
Wings Asset supports the depreciation calculations using various methods for a single asset.
Asset Valuation
Wings Asset helps users manage any revaluation of Assets. Users can enter revaluation details appropriately and continue to keep track of the assets thereafter.
Additions to Assets
The module allows the user to keep track of purchases of additional assets.
Track Assets Received
The module helps in tracking all the assets received in an organization.
Maintaining Asset repairs details
Wings Asset helps in maintaining all Asset repairs in a comprehensive manner.
Transfer of Assets
Wings Asset keeps track of the transfer of the assets in an enterprise
Sale of Assets
Wings Asset keeps track of the sale of assets in an organization
Insurance Management
Wings Asset maintains a comprehensive list of the assets insured
AMC Management
Wings Asset manages the AMC's of the assets effectively

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