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Asset Accounting

Streamlined

  • Streamlined asset accounting processes with support for a wide range of transactions, including impairment, found assets, contributed assets, de-recognised assets.

  • Creating transactions throughout the year can be done manually for an individual asset or imported using a template file. Import transactions can be done on an individual asset or for a bulk of assets (for example, for revaluation)

  • Automatic depreciation recalculation with every new transaction.

  • MAG computes the financial impact of asset disposal, renewal, or replacement (including loss on disposal).

  • Optional outsourced asset accounting: Our dedicated team of experienced asset accountants can manage data, revaluations, reconciliations with the general ledger, journal preparation, capitalisation, and production of infrastructure financial reports for financial statements. Includes liaison with managers and auditors.

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