Fixed assets are financial instruments of MFB’s and MFI’s. For a bank, the assets are the financial instruments that either the bank is holding (its reserves) which could be tangible or intangible.
Sysbanker EE takes care of physical assets such as land and buildings, motor vehicles, equipment, cash and much more.
With Sysbanker EE, the financial institutions have their asset module handled in totality with sub menus such as:
1. Documenting an asset cost, life span, depreciation and more.
2. The system handles the different types of depreciation such as straight line method and reducing balance.
3. Amortization of an asset.
4. Tracking of an asset life span based on the depreciation type and getting the real value as at the selected date.
5. Generating an independent or consolidated report for banks that have multi branch network.
With Sysbanker EE, your assets policy are handled from the date its purchased to when it becomes scrap value. Kindly reach out to us today.
Sysbanker EE, your reliable partner in microfinance banking.https://miratechnologiesng.com/products/sysbankeree/
Kindly reach out to us at Mira Technologies or visit our website or call Jumoke on 08168002506.https://miratechnologiesng.com/products/sysbankeree/