Cycom Fixed Asset Register System (FAR) is based on the Oracle relational database technology. It employs an Open Systems architecture that allows users to organize and adapt the system to meet their specific requirements.
Fixed Assets Register is a comprehensive system that allows the set up and maintenance of the fixed assets, providing facilities for additions, disposals and transfers of items, with automatic interface to the Cycom Financial Management System. Depreciation is automatically calculated when the depreciation function is executed. The system can work either in stand alone mode or as part of the Cycom Business Applications.
When in stand alone mode, the system can generate an ASCII file of accounting transactions which enables it to be interfaced with any other General Ledger system.