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Powered by NetSuite
Our solutions leverage NetSuite’s powerful platform to deliver cutting-edge asset management capabilities, ensuring your business stays ahead in a competitive landscape.
Logiframe Fixed Asset Management Solutions Powered by NetSuite
Logiframe’s Fixed Asset Management Solutions, powered by NetSuite, provide a comprehensive platform to track, manage, and optimize your fixed assets throughout their lifecycle. From acquisition to retirement, we empower your business to achieve better asset utilization, compliance, and financial reporting accuracy.
Complete Asset Lifecycle Management
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Manage every stage of an asset’s lifecycle, from acquisition and depreciation to revaluation and retirement.
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Automate asset scheduling and reporting to ensure accurate tracking and compliance.
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Enable seamless integration with financial and operational systems.
Flexible Depreciation Management
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Apply multiple depreciation methods, including straight-line, declining balance, and custom schedules.
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Automate depreciation calculations to save time and reduce errors.
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Generate reports that align with international accounting standards and tax regulations.
Leased Accounting
- Harmonize lease accounting practices and guarantee adherence to financial reporting standards.
- Record essential lease information, such as commencement and termination dates, overall cost, and discount rate, and distribute lease expenses evenly throughout the term of each contract.
- NetSuite autonomously generates distinct journal entries for lease and interest expenses and revises the outstanding lease liability.
Fixed Assets Reporting
Create precise financial statements that comply with tax and accounting standards, develop standard fixed-asset reports, or utilize SuiteAnalytics to analyze asset data by location, subsidiary, or other criteria.
