Chi-Star Technology SM has developed a software solution AssetCross TM which enables
clients to automate the normally tedious manual process
of transferring assets from one depreciation book to another, saving
both time and money.
AssetCross TM benefits include:
Transfer single or multiple assets between corporate depreciation
books, regardless of:
- Currencies
- Chart of account structures/values
- Asset category value
Transfer assets financially at [GAAP Compliant]:
- Cost or
- Cost, YTD, and Accumulated Depreciation or
- NBV or
- Amortized NBV
Transfer assets life at:
- Default Life based on new depreciation book
- Original Life or
- Remaining Life
Transfer full or partial (cost or units) assets
Translate transferred amounts to the receiving depreciation book's
currency
Maintains audit trail between the asset being transferred and the
new asset created
Built-in approval process (Optional) [SOX Compliant]
Copyright © 2008 Chi-Star Technology SM
2008 Conferences/Events
- NCOAUG (Oakbrook Terrace, IL)
February 22
- SAROAUG (Los Angeles, CA)
February 29
SROAUG Presentation
Chi-Star Technology SM