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Diamonds Assets Management & Tracking Software (DAMT)

Request the TRIAL VERSION of the Assets (DAMT) software through Contact Us Form 

DAMT: aims to help any organization to perform asset Management/Tracking and mentoring, it streamlines your operations and simplifies the management of your largest capital investments with unprecedented integration, automated business flows and centralized accounting rules which comes with a Portable Mobile Computer with barcode scanning technology compatible with our software to ease some transactions and the Tracking process for physical counting purposes . These processing efficiencies can reduce your business cost and improve accuracy of fixed assets transactions and accounting. Diamonds Assets also integrates with external feeder systems to complete processing of asset transfers, disposals, reclassifications, financial and tax adjustments, revaluation and legacy data conversions. And many other features will be introduced in this sheet.

DAMT Interfaces :

Web Interface

Android Interface

 besides the standard DAMT Software web interface  it also comes with a Hand Held (HH) Mobile Computer device/s with the Barcode reader technology that comes with an android application compatible with it. - The HH greatest advantage is, of course, portability and the ability to bring the scanner to the your assets .It helps to get your work done faster, more consistently and with greater efficiency a lot to enter Assets Transactions & to perform the tracking operation fast which saves time and avoid human mistakes .

DAMT Features:

 -Fixed Assets transactions :
  • Register an asset
  • Transfer
  • Adjustment
  • Add to WIP
  • Capitalize WIP
  • Change Category
  • Retirement
  • Physical Counting
  • Depreciation

Most of the above features can  be done from a computer ,mobile, tablet or a portable HH device with a barcode scanner .

-DAMT has Fixed Assets Accounting Module.

-DAMT has many transactional and accounting Reports & Dashboard .

-you can view all historical transactions and track user logs.

-DAMT can also Integrate with other Accounting  /ERP/Legacy systems

-DAMT can import and Export to excel Sheets and other formats 

 -All the Fixed assets related Master Data   are dynamic and can be easily managed   through our Software :

 

  • Assets Categories All Levels
  • Assets Locations All Levels
  • Employees ,their Departments, units ,managers
  • COA
  • Approval workflows
  • Adjustment Types
  • Asset Conditions
  • Retirement Types
  • Asset Groups

 *Fixed Assets Transactions  Accounting   Module.

 * Accounting Integration with Accounting  ,ERP or   legacy system.

  -Reports & Dashboards 

  • Assets Dashboards
  • Asset Information
  • Asset Depreciation
  • Fixed Asset Register
  • Fixed Asset Transactions
  • Fixed Assets Accounts Statement
  • Fixed Assets Accounts TB
  • Integration Log Report
  • Fixed Assets Retirements
  • WIP Assets
  • Movement Schedule
  • T-Account
  • Physical Count
  • Account Balance

Advantages of DAMT Software 

  • Improved Process Efficiency.
  • Portability.
  • Accounting Module.
  • Integration with other system.
  • Ease of use / User Friendly.
  • Cost Savings.
  • DAMT software Functional Security & Access Controls.
  • Accurate Forecasting, Proper Fixed Assets Management & Tracking.
  • Freezing the system during physical counting.
  • Scalable Resource.

 

Integration with other systems

you can push the above accounting Entries to any other accounting/GL system .
also you can upload the master data or the Assets Register with Excel sheets.

          

            

Accounting Module

Each Fixed Asset Transaction entered to the system creates an accounting effect in the background following the accounting standards, means that the accountant will no longer need to create journal entries for the Fixed assets transactions any more as they will be created automatically by the system . You can view the journal entries and historical transactions from the transaction point of view and the accounting point of view and you can view accounting reports EX: Fixed assets TB, Fixed assets account statement.....etc

DAMT has Different layers of access controls:

1-encrypted passwords for system users

2- Functional Privileged access control, the System admin can grant each user the privilege to specific Functions and view specific reports depends on the authorities’ policy of the organization.

3-Master Password, on top of users and passwords and even a user has the access for some system features for the sensitive/critical actions he/she has to use the master password to perform these actions.

4-Mobile computer HH device has also users and privileged access control over the available functions to be performed through the HH.

5- Location Privileged access control for the HH users, each users can be granted access to some locations or all locations depends on the authorities’ policy of the organization.

6- Special Security Password for sensitive transactions (Example: Monthly closure)

7- Approval Flows for Most of Transactions.