Frequently Asked Questions

Asset Management

Used for managing all available assets with the objective of maximizing their efficiency. Asset management encompasses tracking, maintenance, control, and value enhancement of various assets such as equipment, tools, buildings, and other properties to optimize their usage and minimize the risk of loss or depreciation over the long term.

 2 formats
1. Recordassets in the Well-Fixed Asset software directly
2. Import data via Excel Template we provided.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

Could only attach 1 asset photo per 1 asset code.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

Asset Register

A document or database used to record and manage information about all assets within an organization. It includes details such as asset name, serial number, asset type, value, purchase date, location, condition, and other relevant information. The asset register enables organizations to efficiently track and control their assets and is also used for auditing or preparing financial reports related to the organization’s assets.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion

It is Well-Fixed Asset standard funtion

Our asset counting process requires taking a photo of the current condition of the asset every time. The photo taken will be recorded with the date, time and name of the person counting, so that the original photo will not be overwritten. The saved photo will be displayed in the path of the Well-Fixed Asset software, which can be checked.

It is Well-Fixed Asset standard function, available both when import and export

Asset Transfer

Asset transfers may occur when there is a change in the asset’s usage location, sale, loan, or transfer between departments or units within the organization. Asset transfers must be recorded in the asset register to ensure proper tracking and management. The asset register should be updated with relevant details such as the recipient’s name, new location, transfer date, and other related information.

Asset can be transferred evey month.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

It is Well-Fixed Asset standard funtion.

Yes, it can also be exported from Well-Fixed Asset software.

Approvers and inspectors can be specified in Well-Fixed Asset software.

You can view the history in the Well-Fixed Asset software to see when the asset was transferred, who requested the transfer, and who approved the transaction. MB Tech has a solution that can be used together with the Well-Fixed Asset software.

 It is Well-Fixed Asset standard funtion which can be exported both in Excel and PDF file.

Depreciation Calculation

ใช้ในการคำนวณค่าลดลงของมูลค่าสินทรัพย์ที่เกิดจากการใช้งานและอายุการใช้งานของสินทรัพย์นั้นๆ ค่าเสื่อมราคามักจะใช้ในการบันทึกบัญชีเพื่อสะท้อนมูลค่าที่ลดลงของสินทรัพย์ในแต่ละปี ซึ่งจะช่วยให้การแสดงผลการเงินเป็นไปอย่างถูกต้อง

Well-Fixed Asset software can equally calculate depreciation every month by referring to the SLY formula.

Well-Fixed Asset software can equally calculate depreciation every month by referring to the SLM formula.

4 methods: SL, SLY, SLM, DB

Record depreciation each month according to the account and categorize by cost center.

the account statement after calculating depreciation will be displayed by account code and categorized by cost center.

It is Well-Fixed Asset standard funtion.

You can view the history in the Well-Fixed Asset software.

Asset Counting

The process of verifying and counting the actual assets within an organization to ensure they match the asset register and remain in usable condition. This process helps reduce the risk of asset loss, misuse, or incorrect record-keeping.

This function is not available.

Our asset counting process requires to specify asset counting location each time before starting the process.

Handheld Scanner: Honeywell EDA 52 with Android 11 (Wifi+Cellular)

The asset will be listed according to the location user has recorded in Well-Fixed Asset software.

Well-Fixed Asset cannot support the detection of assets in close range like the RFID system. Instead, we use a QR code solution by scanning the QR Code on the asset sticker via a handheld scanner to see the actual current condition of the asset.

QR code is generated from Bartender Pro. Program.

Can be configured in the Well-Fixed Asset

Yes, there is and the result can be exported from Well-Fixed Asset.

Available. It is called “Transfer-in” and “Transfer-out” in Well-Fixed Asset software.

Asset Disposal

The process of removing assets from an organization’s asset register due to the end of their useful life, irreparable damage, or lack of necessity. Asset disposal must be carried out systematically to comply with the organization’s policies, accounting standards, and legal requirements.

2 ways to dispose asset from Well-Fixed Asset 1) using Disposal function 2) using our Excel import template to dispose assets

Our software can specify the assets that you want to remove or dispose from the software.

Our software can calculate profit/loss from asset disposal.

Yes, there is and the report can be exported from Well-Fixed Asset.

At the moment, this is not available in our software, but we have a solution that can be applied with the Well-Fixed Asset software. The requester, reviewer, and approver can be defined as you desire.

You can view the past history, except for transaction approvers, you need to use our software with the related solution.

Report

This report provides information on the organization’s assets at every stage of management, from registration, transfers, counting, and depreciation calculation to asset disposal. It helps track and control assets efficiently and serves as essential data for financial planning and decision-making.

Yes, the report can be exported from Well-Fixed Asset.

Yes, the report can be exported from Well-Fixed Asset.

Yes, the report can be exported from Well-Fixed Asset.

Yes, the report can be exported from Well-Fixed Asset.

Yes, the report can be exported from Well-Fixed Asset.

Yes, the report can be exported from Well-Fixed Asset.

Yes, the report can be exported from Well-Fixed Asset.

Well-Fixed Asset software calculate depreciation of asset only.

Yes, the report can be exported from Well-Fixed Asset.

Asset Movement , Estimated Depreciation Report , Asset Aging Report , Expired Item Report

Well-Fixed Asset Program

Well-Fixed Asset Software has reliable features and functions that have been accepted by almost 400 leading companies both domestically and internationally. Our principle has always been to emphasize the value and benefits Well-Fixed Asset will provide to our customers. MB Tech hopes that this information will help you consider the best options and achieve your highest goals.