MRI provides comprehensive fixed asset accounting software, that has been implemented by over 3,000 companies in over 70 countries. It accurately reports on asset depreciation and manages every stage of the asset lifecycle, including acquisitions, transfers, splits, revaluations and disposals.
As well as providing a complete audit trail, a dedicated fixed asset solution can help organisations to comply with financial regulations such as IFRS, FASB, GASB, GAAP and Sarbanes-Oxley. It offers a vast range of standard reporting options along with ability to easily create unlimited custom reports. With multi-book, multi-company, and multi-currency functionality and the tools to help you comply with important tax requirements in key regions, e.g US, Australia etc, it really offers much above the standard fixed asset module on your finance package.
MRI also offers a lease accounting solution to help comply with the new IFRS 16, AASB 16 and ASC 842 regulations, as well as the continuing IAS17, FAS13 and AASB 117 regulations that apply to lessors.