ADVANCED ASSET MANAGEMENT
MYOB AssetManager Pro version 3 meets the legislative requirements of the STS and non-STS regimes and automatically calculates depreciation according to the different rules applicable for small, large, STS and non-STS businesses. It also makes it easier to adjust to and comply with the new Uniform Capital Allowances (UCA) tax requirements, minimising business compliance costs.
Add, categorise and adjust all types of assets
Assets often consist of different components which are moved between different locations and departments. With AssetManager Pro, you can:
Create asset groups for display and monitoring processes
Effortlessly keep track of their respective costs, locations, serial numbers, and service history.
Calculate their book value and tax depreciation.
For STS or non-STS businesses
MYOB AssetManager Pro makes it easier to deal with the Simplified Tax System (STS) and non-STS capital allowance regimes. It also allows businesses to move smoothly between the two regimes - should that become necessary - with the ability to choose the business type each financial year.
Track asset service histories
With AssetManager Pro it's easy to maintain comprehensive asset service histories, including a service log, service memos and scheduling. Quickly assess:
When the next service is due
If the necessary services have been performed
If an asset is being under- or over-serviced.