Synon/Asset Managment is a new application from the SMA stable of applications specifically designed for Synon/Financials users. Although it is an additional application with its own Synon/2 model, it is completely integrated with Synon/Financials at the database level and shares many of the re-useable components within Synon/Financials. Synon/Asset Management is not a stand-alone application.

The "Clean sheet" development philosophy adopted for Synon/Financials, sweeping away outmoded legacy approaches, to give users maximum flexibility and control, has been continued with Synon/Asset Managment.

The initial release of Synon/Asset Management provides all the functionality required to manage an asset from the time it is acquired through to its eventual disposal/replacement. Future releases will extend the functionally to cover the full life cycle of an asset from budgetting through purchasing to disposal/replacement.

The user definable components include:

Asset numbering

Depreciation books

Value types

Categories

Locations

Warranty types

Insurers

Leases

Asset listings

Asset attributes

The concept of "soft attributes" introduced in Synon/Financials has been significantly extended in Synon/Asset Management for asset attributes.

Asset attributes can be defined by type. There is no limit to the number of user defined attributes that can be defined and recorded against an asset. Synon/Asset Managment will therefore allow you to record any information you wish about an asset.

Asset attributes like all other data held about an asset can be used to select and sort assets in the user defined Asset listing function. These Asset lists can then be used with the mass maintenance functions or to form the basis for user defined reports.