MYOB AssetManager Pro
When your business handles machinery, vehicles or office equipment, you will need to keep track of it all. AssetManager Pro is the accounting software that will help you handle any complex transactions that come up. Need to deal with write-offs, revaluations or asset pooling? AssetManager Pro will help you stay cool and confident when tax time comes around.
Whether your business has just one location or many locations, you need to track your assets. The AssetManager Pro software helps you to keep track by location, splitting assets as necessary and allowing for a custodian or group to assume responsibility.
Staying informed of legislation changes is of the utmost importance. AssetManager Pro is in compliance with STS (Simplified Tax System) rules as put forth by the Uniform Capital Allowances legislation. What this does is allow you to easily set up and operate within both the STS and Non-STS regimes. If your business needs to, it also provides you with the flexibility to switch between the two regimes by giving the option to select the appropriate business type each fiscal year.
AssetManager Pro provides a number of reports that will help in reporting asset management and depreciation. It will allow for printing of asset lists, service reports, tax reports and reports of those items contained in your asset pools, making tax time go more smoothly. If your business is Non-STS, then you can generate Capital Allowance Schedule worksheets easily – as long as you entered the proper details when you acquired the asset in the first place!
Please be aware that the AssetManager Pro software is NOT for use by primary producers, businesses that require project pooling or that need to calculate depreciation in accordance with capital works provisions. Nor is it compatible with Windows Vista, Windows 7 (or later) operating systems.
AssetManager Pro is ideally for businesses that need to actively manage their assets, calculate depreciation of equipment and have their equipment spread over several locations. Your business will be able to track all of this with ease in AssetManager Pro.