FMIS Fixed Assets version 12.47 adds more flexible indexation, additional G/L reconciliation options and clearer information for organisations managing assets across multiple companies. It also introduces further SAML 2.0 single sign-on controls.
FMIS Fixed Assets version 12.47 at a glance
- Indexation: values can now be entered as percentages and loaded in bulk through the setup in-tray or API
- Analysis profiles: a new indexation profile gives users more flexibility in how indexation is applied between books
- G/L reconciliation: postings can be grouped and summarised using selected analysis profiles
- Multi-company working: in-tray information and depreciation job messages are clearer
- Access: additional SAML 2.0 controls support single sign-on-only access
What has changed in FMIS Fixed Assets version 12.47?
How has fixed asset indexation changed?
Finance teams can now enter an indexation percentage directly. This provides a more familiar way to maintain index values where percentages are used in the organisation’s normal working process.
Percentage values can be maintained within FMIS, loaded in bulk through the setup in-tray or supplied through the API. For organisations managing indices across several categories, bulk loading can make routine updates quicker and easier by reducing repetitive manual entry.
How can indexation be applied through analysis profiles?
A new indexation profile gives users more flexibility in how they apply indexation between books. This can be useful where indexation categories do not follow the same boundaries as the reporting categories used elsewhere in the asset register.
An analysis profile can be selected for the book, with indices loaded against the relevant analysis codes. This allows different groups of assets to use the appropriate indexation values while retaining the organisation’s existing reporting structure.
Can access to indexation settings be controlled separately?
The setup for indices and notional interest has moved to a separate menu under Basic Setup. Access to this area can therefore be provided without also giving the user access to wider book configuration.
The menu description changes according to the book settings and will show Indices, Notional Interest, or Indices and Notional Interest. This keeps the option relevant to the configuration in use while supporting a clearer separation of administrative responsibilities.
What has changed in G/L posting reconciliation?
The G/L Posting Reconciliation Report can now group postings using up to three selected analysis profiles. A new Summary option can combine values by the selected profiles, G/L rule and posting number, rather than listing every asset value separately.
This gives finance teams a more concise view of posting information when reconciling higher volumes of asset activity, while the detailed report remains available when individual values need to be reviewed.
What has changed for multi-company users?
The in-tray summary information has been improved for users managing assets across multiple companies. Users will see a more accurate breakdown of the loaded assets and actions for the companies they are responsible for.
The action quantity follows the user’s Company Preference, while two additional columns show the total number of records across all companies and within the current company. These totals cover all actions in the batch, including new assets, transfers and disposals.
Version 12.47 also provides more specific information when an inter-company transfer prevents depreciation from running. The job log identifies the transferring company and explains the period that must be completed first, helping users identify and resolve the issue more quickly.
What are the new SAML single sign-on options?
Customers using SAML 2.0 can now configure FMIS to restrict users to single sign-on only. Enabling this option removes the username and password fields from the login screen and hides the password field on user records.
Organisations can also remove the standard SSO login button so that FMIS can only be accessed through a URL supplied by a third-party application, such as the organisation’s identity provider. These options support organisations that want authentication to follow their central identity and access policies.
What are the practical benefits of the Fixed Assets update?
- Quicker indexation updates through percentage entry and bulk loading.
- More flexible indexation structures where indexation categories differ from reporting categories.
- More concise G/L reconciliation for higher volumes of posting information.
- Clearer multi-company information through improved in-tray totals and job messages.
- Greater access control for indexation setup and SAML-based authentication.
Who will benefit from these changes?
The version 12.47 changes are particularly relevant to finance teams that use indexation, reconcile asset postings using FMIS reports or manage fixed assets across several companies. The access changes will also be useful to system administrators responsible for authentication and the separation of configuration duties.
About FMIS Fixed Asset Management
FMIS Fixed Asset Management provides a dedicated environment for maintaining asset records, calculating depreciation, supporting period-end processing and producing the information required for financial reporting. It supports the asset lifecycle from acquisition through transfers, revaluations, impairments and disposal.