04-10-2014, 02:14 PM
Abstracts: Assets management system is web-based application.-can be used as plug-in for any ERP system. Assets management system is an application to manage the records of all the assets of an organization. The conventional model of system was having modules to only keep track records of assets in the organization. The act of checking or adjusting the accuracy of a measuring assets. The system at the same time enables you to calculate depreciation & also enables you to find out the cost, accumulated depreciation & value of assets at the time of sale. The maintenance of the record is very difficult by manual. And it also consumes manpower. Maintaining the records of small organizations might seem smoother. In case of huge companies there is high risk of data loss and record maintenance. While maintaining the huge amount of paper works there is chance of getting rust of files and it will not safe work for the organization to perform certain action. Allotment of these several paperwork leads the organization to confusion, and mainly maintenance of the records become very difficult and not in formal.