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FINANCE MANAGEMENT

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ORMED MIS™

Finance Management for Healthcare

 

Asset Management -- Asset Entry

With Ormed Asset Entry you can:

  • Record as much information about each asset as you wish, including vendor, purchase order, cost, physical location, associated assets, budget, project, and useful life
  • Use cost and depreciation start date to automatically calculate depreciation monthly
  • Future date the depreciation start date when recording an asset received but not to be in operation until a later date
  • Automatically generate a continuity schedule for fixed assets
  • Record depreciation centrally or allocate it to the department where the asset is located
  • Enter historic assets over multiple periods prior to initialization of the system
  • Group and subgroup assets to meet specific reporting needs
  • Associate assets with a budget or a project to facilitate specific reporting needs

 


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Product Data Sheets Product Data Sheets

 

One of the most useful features is the ability to 'drill down' into our data. You start at the top level of an accounting entry and keep drilling, even into the subsystem it's coming from, until you get an invoice number, a name, or a time card. It saves immeasurable time (instead) of running to the file cabinet to look up a vendor.

Sandra Pentland,
Accounting Services Manager

 

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Ormed Information Systems Ltd.
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