Surya's Fixed Asset Management (FAM) solution offers a centralized web-based system that enables efficient tracking of fixed assets throughout their lifecycle. With FAM, you can easily register fixed assets with all the necessary information and perform essential operations such as asset creation, depreciation calculations, revaluation, split, transfer, sale, and full/partial disposal of assets. The solution also generates all relevant accounting entries that can be posted to your bank's GL system, ensuring compliance with financial accounting and reporting requirements.

FAM provides a complete view of all fixed assets quickly and easily, enabling you to analyze data on assets, valuation, and depreciation across your enterprise. This makes it easier to manage fixed assets that are distributed across multiple locations, as well as transfers between locations, which can create a unique challenge in depreciation calculations using various methods. With FAM, you can efficiently manage your fixed assets and ensure accurate financial reporting. Overall, FAM is an essential tool for banks looking to optimize their fixed asset management processes and ensure compliance with accounting and reporting regulations.