The Fixed Assets Module deals with all the activities that are related to the Fixed Asset Part of Financial Accounting of any hospital management system software. This module handles all the assets of the hospital. Medinous module ensures the activities like identifying an item as a fixed asset and then allocating specific depreciation on that asset, managing the movement of the asset, Maintenance of the asset, Revaluation and Disposal etc., are monitored regularly.
Depreciation based on any of the popular depreciation methods. Straight-line method or reducing balance method is the two important Asset Depreciation methods followed.
Asset adjustments, Asset Transfer, Asset revaluation, Asset Disposal is possible in this module.