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Summit Fixed Assets
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  Summit Fixed Assets©

Summit Fixed Assets© is a tool that enables businesses to track and depreciate assets. Straightforward in its approach, it has the power and flexibility needed to be truly effective. It is a fully integrated solution and is capable of running on a variety of platforms. Summit Fixed Assets© interfaces with many of our Summit solutions! Version 10.0 is available in our new graphical format! And, they have created a technological dream by programming it such that the same software will run on either your Windows PC or on your Unix system. We are committed to protecting your investments and do not believe in forcing you to replace your hardware system when we make a major change to our software. Click here to view and/or print literature about Summit Fixed Assets©.

Summit Fixed Asset's outstanding features and abilities:

  • Generate the specific rate tables you need, taking into account the time of year each asset was placed in service!
  • Tailor the package to your specific needs with customizable menus!
  • Maintains auditable records!
  • Track assets by company, asset ID, department, class, and serial number!
  • Manages:
    • Acquisition date
    • Cost
    • New or used status
    • Market value
    • Insurance value
    • Salvage value
  • Access windowed "help" screens in all master file lookups!
  • Handle both depreciable and non-depreciable assets!
  • "What if" projections allow you to perform intelligent asset management by helping you choose the depreciation method that is most advantageous to you (lease versus buy)!
  • Automatically produce depreciation tables and modify computer-generated tables or produce nonstandard tables!
  • Save data as an ASCII file if needed!
  • Handle depreciation on an almost unlimited number of assets in any number of books!
  • Copy or move assets from one company to another!
  • Perform "lease versus buy" scenarios for intelligent asset management!
  • Produce reports necessary to complete IRS forms 4562 and 3468!
  • Perform calculation or depreciation for periods varying from 1 month to 1 year!
  • Utilize several reports to aid internal control and to assist in completing tax forms!
  • Run stand-alone, interface with RealWorld General Ledger®, or export GL distributions to an ASCII file for use by other accounting packages!
Summit Fixed Assets interfaces with a variety of systems to ease your workload:
  • Summit Fixed Assets v6.7 (character version):
    • Interfaces with Passport RW® General Ledger v6.7 (RM Liant/COBOL)
  • Summit Fixed Assets v10 (new: graphical or character version):
    • Interfaces with Passport RW® General Ledger v10 (ACU COBOL)

Sample reports are also available at your request!

 

123 N. Centennial Way, Suite 210, Mesa, Arizona, 85201  *  480.464.6053  *  fax: 480.464.2598  *  rx@petroleumrx.com