This guide will guide you through the Asset Value Adjustment feature in Empress. As a business user, you’ll find this tool invaluable for managing and adjusting the value of your company’s assets.
Introduction
Asset Value Adjustment is a feature in Empress that enables you to adjust the value of your company’s assets. This is crucial for businesses as it allows for the accurate reflection of an asset’s current market value, which can change due to factors like depreciation, damage, or improvements.
Primary Functions and Benefits
Viewing Asset Information
- From the main dashboard, select the Asset Value Adjustment option. This will display a list of your company’s assets along with their current values.
Editing Asset Value
- To adjust an asset’s value, click on the asset to open its details. In the New Asset Value field, enter the adjusted value and save your changes. The Difference Amount will automatically calculate and display the difference between the current and new value.
Sorting and Tracking Information
- Empress allows you to sort your assets based on their adjusted value, date of adjustment, asset category, and more. This helps you keep track of asset value trends over time.
User Roles and Permissions
- Empress provides different user roles and permissions. For instance, the role of “Accounts Manager” can create, read, write, submit, amend, cancel, export, and print asset value adjustments. These roles can be customized as per your business requirements.
Conclusion
The Asset Value Adjustment feature in Empress significantly enhances your business processes by providing a simple and efficient way to manage and adjust your company’s asset values. This feature ensures your asset values are always up to date, contributing to more accurate financial reporting and business decisions.
For further assistance or more non-technical resources, please visit the Empress support page or reach out to our customer service team.