Lennox Computer LILAC Business Software
8/14 Ashtan Place, BANYO 4014
Brisbane, Australia
ERP Business Accounting Software
Distribution, Manufacturing, Timber
eMail: call for enquiry eMail
Phone: 07 3267 7880
Est. 1980
Lennox Computer Home Page
Contact Us Downloads eCommerce Demonstration Software
LILAC Asset Management Software
Asset Register
LILAC Asset Register records fixed assets - equipment, vehicles, buildings, machinery, tools etc - in terms of value, depreciation, and taxation requirements.

A control account is established in the LILAC Balance Sheet for each class of asset, a depreciation schedule allows progressive write-down, and depreciation expensing by diminishing value or prime costs calculation.

Provision is made to generate the appropriate debits and credits to reflect the depreciation of each asset for a given period - reducing asset value in the balance sheet, and accruing expense postings in the trading ledger.
Equipment Maintenance Scheduling System
Asset Register can be further extended with the use of a LILAC Equipment Maintenance schedule - recording more details of each asset - maintenance requirements, and the accrual of a long-term maintenance history.
Lennox Computer - 07 3267 7880
Brisbane, QLD, Australia.
Return to top of page