Asset Management | National Information Solutions Cooperative (NISC)

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iVUE^® Asset Management

Using NISC’s iVUE® Asset Management your company can easily track both plant and general plant assets. These assets can be grouped and reported on by business entity, asset group (exchange) or department. The application now allows your organization to track assets by using the traditional average costing method or the newly designed vintage costing method. The system not only tracks and reports these balances in a variety of ways but also calculates depreciation.
In addition, depreciation expense is automatically transferred to the Fleet Management application for the allocation of the fleet assets’ depreciation. The additions and retirements are seamlessly transferred from the Work Order and Accounts Payable applications.




	iVUE Asset Management allows you to track both plant and general plant assets, and to report these assets by business, entity, location, tax district or department.

iVUE Asset Management features:

Depreciation calculated by months to depreciate, percentage of asset, a combination or a percentage of the General Ledger account balance
Vintage Depreciation method for detailed tracking throughout the life of individual asset components
Integrates with iVUE Purchase Order, Accounts Payable, Work Order, Material Inventory, General Ledger and Fleet Management
Depreciation and retirement accounting specified at the General Ledger account asset level
15-character alphanumeric asset identifier