Fixed Assets Management System (FAMS) is a comprehensive system for controlling the Fixed Assets distributed at various Divisions and Branches of a Bank.
Asset Purchase and Allocation to various locations
Transfer of assets between various locations
Sell off the assets after arriving Profit/Loss
Retire the assets
Periodically depreciate the assets
Asset Insurance
Provide various Reports and Queries regarding the status of the assets
Export the voucher entries to General Ledger system