Church Accounting

Fixed Assets

Feature

Complete Tracking and Reporting of What You Own

Whether your organization is large or small, tracking and accountability of those assets is an important job. FellowshipOne Financials powered by Shelby Systems’ Fixed Assets program lets you keep tabs on buildings, land, vehicles, equipment, furniture, and more, so you’ll always have accurate, detailed records.

As a fully integrated add-on module in FellowshipOne Financials, Fixed Assets supports informed management and reporting of the assets your organization owns.

Benefits include:

  • Present a complete financial picture of your organization when you know what you own and what it’s worth.
  • Reduce risk and costs with an accurate inventory, current valuation, history, and proper asset maintenance and insurance.
  • Enable better overall management of assets — and plan for replacements.
  • Improve accountability to donors, governing boards, finance councils, and other leaders.

Detailed Tracking

Fixed Assets lets you organize in a single place all the details for each asset, including:

  • Unique record for each asset owned
  • Date of purchase
  • Location
  • Who has the asset
  • Warranty information
  • Insurance providers and valuations
  • Maintenance schedules and notifications
  • Cost
  • Depreciation (optional)
  • Sale / disposal

Nonprofit organizations are not necessarily required to use depreciation, but the Fixed Assets program includes straight-line depreciation functionality for those organizations that wish to use it.

Like all products in FellowshipOne Financials powered by Shelby Systems, Fixed Assets provides secure access to the system from any computer or mobile device with an Internet connection and a compatible web browser. And there’s no software to install or update. Backups and software updates are automatic, so you’ll always have the latest productivity tools for every FellowshipOne Financials user in your church.

See how FellowshipOne Financials can help you streamline your church accounting.