The financial modules provide a wide range of tools to help businesses manage corporate finances. Core financial modules such as General Ledger, Accounts Payable, and Accounts Receivable. See QAD Financials User Guide.

Overview
Introduces the Fixed Assets module.

Fixed‑Asset Workflow
Summarizes the steps for setting up and managing fixed assets.

Control Settings
Summarizes fixed assets control parameters.

Business Rules
Introduces fixed asset business rules.

Create and Manage Fixed Assets
Introduces the tasks involved in creating and managing fixed assets.

Fixed‑Asset Reports
Introduces fixed assets reporting.

Fixed‑Asset Programs
Lists the programs that compose the Fixed Assets module.

Base Data
Describes the base data required by the Fixed Assets module.

Navigation
Describes how to navigate fixed assets screens.

Use Fixed Assets to set up, maintain, transfer, and retire your company’s fixed assets. The Fixed Asset depreciation system is integrated with the General Ledger module. For information on General Ledger, see QAD Financials User Guide.

Often, depreciation is calculated one way for internal reporting and another way for tax purposes. Using Fixed Assets, you can set up asset records specifying how depreciation is calculated for each kind of reporting. Depreciation is calculated using either equations or tables. Conventions can be used in conjunction with equations for depreciation calculations in the first, last, and disposal years of an asset’s life.

Fixed assets are tangible assets that a business uses to produce income. Fixed assets represent a substantial financial investment for a business. The costs of acquiring, maintaining, insuring, and replacing fixed assets, along with depreciation, can have a substantial impact on both financial statements and tax liabilities.