Skyward Fixed Assets


Skyward’s Fixed Assets will allow you to record, maintain, and report by site on each fixed asset your district owns. It is designed to help you meet the standards for GASB 34.

  • Track how and when assets are acquired, depreciated, and disposed of.

  • Update asset information directly to your budgetary files.

  • Analyze how activies are reflected in the appropriate asset and source accounts.

     

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    of how Skyward can work in your district.







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    testimonial from
    Anderson County,
    Tennessee

     

















  • Skyward Fixed Assets

     

    Feature  Benefits
    Setup codes
    • User-defined codes assist in easily identifying the location, class, and type of asset
    Fixed asset processing
    • System logs additions and disposals for any asset in the system, so these can be reviewed by your auditors
    Fixed asset information generated from purchase orders and invoices
    • Generate and build fixed assets from invoices that have been entered in the Accounts Payable invoicing area
    • Set asset ranges by open, batch or history status, minimum dollar amount or account range 
    Fixed asset depreciation
    • Enter depreciation information on your assets, determining a capitalization threshold amount for setting up a depreciation schedule for monthly, quarterly, biannual, or annual depreciation
    • Simulate depreciation for an asset allowing you to see how the life of the asset will depreciate
    • Set up a customized depreciation schedule based on monthly, quarterly, biannual, or annual depreciation
    • Complies with GASB 34 standards
    Fixed asset utilities
    • Renumber an asset and item key, mass change assets from one location to another, and import an ASCII file to update your fixed asset data
    Fixed asset flag
    • Allows you to track other assets that may not be reported as fixed asset
    Fixed asset inventory
    • Generate reports by site for Fixed Asset Inventory
    • Interfaces with vendors for imports of Fixed Assets inventory
    • Works with scanner to allow your own import of assets
    • Manually create inventory reports by site
    Fixed asset maintenance
    • Schedule maintenance of assets by date and record maintenance hours and cost
    • Report on maintenance by asset

    The previous person in my position kept to the basics with bookkeeping. With Skyward, I am able to do two sided journal entries, more detailed reporting, merge vendors and eliminate a ton of paper reports. I am continuously learning and I enjoy all the benefits that Skyward has to offer. I am looking forward to learning the web-based system of the Student Management Suite so I can work more from home.

    Lisa Skoyen (Financial Manager, OSSEO-FAIRCHILD SCH DISTRICT, WI - Enrollment 1,050)

     


    I’m very excited about FastTrack because we were about to sign with another company, but going with Skyward will save us a ton of money because FastTrack is already included in the system.

    Jennifer Borne (Secretary, ANGLETON ISD, TX - Enrollment 6,404)



    I am excited about implementing FastTrack because it will save our district money by going with Skyward rather than the other software company that would have charged us extra.

    Bonnie Brothers (Secretary, ANGLETON ISD, TX - Enrollment 6,404)

     

     

    As an employee I like the fact that Skyward offers Employee Access. Having Employee Access is very beneficial as I have all the information at my fingertips. I can look up W4 information, benefits, check stubs and certifications. Skyward is very user-friendly compared to the previous software provider we had.

    Karen Taylor (Certification Officer, GRANBURY ISD, TX - Enrollment 6,800)

     

    Setting up category codes in Skyward for all my accounts and running a report by category code for the code 07 state budget report has saved me so much time! I really like all the features of Skyward that make my job easier and help me be more efficient.

    Marie Hazlett (SECRETARY, EMPORIA USD 253, KS - Enrollment 4,780)

    Learn more about Skyward

     

    View Brochure
    View Printable Product Brief

    Fixed Assets

    Click to view a sample Fixed Assets Data screen
     

    "Having dealt with the Skyward staff as both a steering committee member and software user,  I have always found them easy to work with and determined to resolve the issues in a way that benefits the end user."
     

    Tim Matthias
    Business Manager
    Valders SD, WI

     

    Read more Customer Reviews