Shivit Asset Manager integrates with Shivit Procurement Manager to make it really easy to capitalize items procured by an organization. Even if the procurement is done manually or via an ERP it is a breeze to set up an asset as a capital good and take it on to the asset register.
Assets need to put to use or else they stop being assets in the true sense of the word. Shivit Asset Manager allows organizations to keep track of the physical location of assets and the employee who is assigned the ownership or usership of the asset.
Shivit Asset Manager calculates depreciation through several standard accounting formulae.