Infor SunSystems FAQs: Managing Fixed Assets

Both tangible and intangible fixed assets contribute to the profitability of the businesses, but managing them is a complex task. Typically, not all assets will appear in the financial statements.

It requires a deep understanding of the function and the right accounting solution.

Common issues accountants often encounter when managing fixed assets include:

• generate wrong transactions
• incorrectly calculate depreciation
• unable to liquidate only a portion of the asset
• increase/decrease asset value
• increase/decrease the depreciation of assets

All of the above challenges can be resolved with Infor SunSystems' fixed asset feature.

Infor SunSystems has been widely known as a comprehensive financial accounting solution. The fixed asset feature in SunSystems allows you to store and record all descriptive details of your assets along with associate acquisition, disposal, depreciation and other relevant information.

Let's explore more of the fixed asset feature in this webinar with Ms. Mac Thi Thu Hien, Application Support Consultant, TRG International. Let's also witness first-hand how she tackles the above problems with additional tips when managing fixed assets using Infor SunSystems.