HomeAdvancing Information Technology Researchvol. 2 no. 1 (2011)

Fixed Asset Acquisition and Management System of Liceo de Cagayan University

Annie Rose M. Deloso | Manuel Orbeta



Fixed Asset Acquisition and Management System is a proposed system

study that is able to cater an automated transaction on all fixed assets’ process.

The current system lacks the search or view applications. Also, the system is

not capable of monitoring or tracking the status of a used asset within a span

of time. It cannot determine if a certain asset needs to be replaced with new

one or needs to be maintained. The proposed system is capable of monitoring

the specific location, person liable for the fixed asset, condition, depreciating

value and asset life, date of procurement and detail of the fixed asset. It can

then generate a report regarding the fixed asset transaction and salvage

value and maintenance. This system study will provide a complete fixed

asset management suite with an intuitive interface that’s easy to implement,

learn, and use. The system will facilitate monitoring, reporting, analysis, and

accounting of fixed asset activities.