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Opera 3 Fixed Assets

Keep track of your assets from the minute they become part of your company until you dispose of them.

Fixed Assets for Opera 3 maintains a complete register of your company's assets from initial acquisition through to disposal. Keep control of the resources your company has invested in, avoid misappropriation, and make the most of their value by managing them in the most efficient way.

It caters for all types of assets, including:

  • Finance or Operating Lease
  • HP/Lease Purchase
  • Company Owned
  • Inter Group
  • Capitalised  

Opera 3 takes the pain out of depreciation calculations

Fixed Assets calculates and records depreciation for the life of the asset, and can be linked to the Opera 3 Nominal Ledger for automatic depreciation journal postings.  Opening balances and depreciation to date can be recorded for assets acquired in previous periods or years. It is easy to create asset records, using Category Groups and Asset Categories, and, when linked to the Opera 3 Purchase Ledger or PIR/POP modules, supplier invoice lines can also create Assets.



Opera 3 Fixed Asset Features

  • Methods of depreciation: Straight Line Amount, Straight Line Percentage, Reducing Balance, Immediate Write Down, Manual
  • Depreciation calculated per period or days in period
  • Ability to change depreciation method and backdate depreciation charges
  • Optional link to Nominal Ledger with Cost Centre and Advanced Nominal analysis
  • Facility to update the Nominal Ledger with the depreciation calculation in real time
  • Assets grouped by Categories and Balance Sheet Groups
  • Facility to record asset quantities
  • Full or partial disposals; disposal methods can be defined by the user
  • Ability to create and link sub-assets to an existing asset
  • Asset location and reporting facility
  • Full or partial asset transfer for locations or cost centres
  • Revaluation of current year and prior year assets
  • Numbering of assets defined by the user or automatically
  • Ability to re-number main assets, with automatic sub-asset numbering
  • Facility to enter opening balances for assets acquired in previous periods or years
  • Depreciation method, depreciation rate and category override facility
  • Facility to record finance, supplier and insurance details
  • Previous year depreciation and adjustments
  • Report on depreciation charges for up to 24 Nominal periods
  • Fully automated utility for upgrading from Opera Fixed Assets
  • User-definable fields may be added to Category Groups
  • Global insurance update for percentage or fixed amount increases or decreases
  • Integration with Opera 3 Pegasus Dashboards, Pegasus XRL, Document Management and Pegasus Instant Messenger


Opera 3 Fixed Assets Standard Reports include:

  • Depreciation forecast report
  • Additions report
  • Disposals/Transfers reports
  • Extensive audit trails
  • Statutory Movement report 
  •  

 

Pegasus Opera 3 Modules

Pegasus Software Opera 3 is a modular solution, comprising:
For more details, view the Pegasus Opera 3 Video, and look at the reasons why you should choose Opera 3.

Contact Quorum Business Systems


If you require further information regarding Pegasus Opera 3 software, please contact us.

Quorum Business Systems
 are one of Pegasus Software's leading Business Partners, and with offices in both Watford and Edinburgh, we are well placed to provide a service to customers throughout the country.

Quorum has specialised in Pegasus Software solutions for over 18 years, while offering the associated services to provide a complete IT service for hundreds of satisfied customers during that time.  

With accolades such as Pegasus Software Best Service Award and Partner Excellence Award 2009 and 2010, you should look no further than Quorum Business Systems when choosing your business software.
 

Quorum Business Systems Product and Service Overview

Remember, Quorum Business Systems provide complete IT solutions for your business.

 

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