Plex

Plex Fixed Assets Management Software allows users to maintain their fixed assets easily and accurately. It creates automatic GL postings based on specific depreciation schedules. And Plex store and track all of the third-party contracts with equipment providers, repair services or other suppliers in one convenient, central location.

Plex also receives automated reminders when contracts need review and maintain a comprehensive list of fixed assets within the enterprise. Using Plex, fixed assets records can be tied to equipment records used in production. Users can also track and accumulate incurred costs to building an accounting project and construct an asset by linking it to an accounting project.

Plex create multiple asset depreciation schedules for an asset, with an option to create one for the books and another for taxes. Plex contract tracking allows users to store and track contracts with third parties such as equipment providers, repair services, etc. And it also provides them with automatic notifications and reports when contracts expire or require renewal.

You may like to read: Top Fixed Asset Management Software and How to Select the Best Fixed Asset Management Software for Your Business