Fixed Asset Management for Schools, Colleges and Universities

Education

Optimising resource allocation and tracking for schools, colleges, and universities.

Why use FMIS Asset Management?

✓ Track the location, status and history of all assets
✓ Calculate fixed asset depreciation and generate all postings
✓ Streamline physical audits using barcodes/RFID tagging

✓ Schedule and track equipment loans and rentals
✓ Attach documents and images to any asset
✓ Control all assets under construction

Finance

Ensure complete control and visibility for all fixed assets and compliance with IFRS and audit guidelines. Track expenditure and calculate depreciation for all capital assets. Track assets over their full life cycle from acquisition to disposal and attach important records such as warranties.

Facilities

Track and maintain all assets and equipment across multiple locations. Record scheduled and reactive maintenance, receive automated alerts and create work orders for jobs. Schedule and manage equipment loans using the easy calendar booking system.

IT

Track the location, status and history of all IT assets in real time whether in service or in stores. Barcode/RFID tagging ensures that each asset is easily identifiable making audits quick and simple. Peripherals such as mice and keyboards can be batched together or linked to specific assets.

Solutions for Education

Fixed Assets

Fixed asset accounting and depreciation to ensure compliance with GAAP, IFRS and relevant accounting standards.
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Asset Tracking

Track the location, status and history of all assets, inventory and equipment across multiple sites and companies.
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Equipment Maintenance

Schedule and record all preventative and reactive maintenance. Set reminders and easily create work orders for all jobs.
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Product Info

Looking for something else? View more FMIS solutions.

How to calculate IT Equipment Depreciation

How to Calculate Depreciation for IT Equipment

February 6, 2023

Discover how to accurately calculate the depreciation of IT equipment with FMIS's expert guide. Keep your assets up to date and compliant.

FMIS to sponsor GovMoney 2019

December 2, 2019

FMIS to sponsor GovMoney2019 conference for public sector finance professionals.

When to outsource your fixed asset inventory

When to outsource your fixed assets inventory

July 12, 2019

Conducting a physical inventory internally can be time-consuming and frustrating so when is it worth outsourcing it and what are the options?

Sheffiled Hallam University Fixed Assets Case Study

Sheffield Hallam University ensures FRS102 compliance with FMIS Fixed Assets

July 5, 2017

Leading University selects FMIS Fixed Assets to ensure compliance with FRS102 standard on a tight schedule.

Sage 200 Integration with FMIS

September 13, 2016

FMIS now offers Enterprise Asset Management for Sage 200 users including seamless integration.

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