Manage fixed assets and ensure your real estate organization has compliance with US and international regulations

Manage fixed assets and ensure your real estate organization has compliance with US and international regulations

It’s time to get serious about managing your real estate fixed assets. The process can be complex and time consuming, and most organizations are either spending too much money to manage their assets or taking on too much risk by relying on spreadsheets. MRI Fixed Asset Accounting automates manual processes and keeps your real estate business compliant with accounting, tax, and financial reporting requirements. All Sarbanes-Oxley (SOX) compliant organizations in North America must provide a complete audit trail of the asset lifecycle and show full transparency of fixed asset transactions. MRI Fixed Asset Accounting with multi-currency capabilities meets both international accounting standards and US local tax requirements.

Features

Integration with financials

Streamline your fixed asset transactions and integrate fully with financials, or use fixed asset software with your property management platform of choice.

SOX and IFRS compliance

A full and complete audit trail of the asset lifecycle is required for organizations to be SOX compliant. Maintain compliance for asset accounting and be prepared when new IFRS regulations go into effect.

Built-in depreciation flexibility

Stop second-guessing depreciation calculations in spreadsheets by using built-in standard depreciation methodologies – including the ability to configure additional methods.

Meet global requirements

Compliance with Tax, SOX, and IFRS requirements. Consolidate your reporting across multiple companies and books, while meeting international accounting standards.

Ensure compliance and manage the full asset lifecycle

MRI Fixed Asset Accounting software keeps your business in compliance with accounting, tax, and financial reporting requirements.

Learn how you can take control of your fixed assets and automate manual processes with MRI Fixed Asset Accounting.

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Advantages

  • Flexible handling of depreciation methods to meet global requirements.

  • Reduce your overall tax obligation with built-in standard and configurable depreciation methodologies.

  • Streamline fixed asset transactions and integrate fully with financials.

  • Maintain compliance for asset accounting and reduce risk by automating manual processes.

  • Multi-book and multi-currency capabilities equally meet international accounting standards and local tax requirements.

  • Improve visibility throughout the entire fixed asset accounting lifecycle.

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