FMIS Fixed Assets
FMIS Fixed Assets is a comprehensive asset management software designed to help you track, manage, and depreciate your organization's physical and intangible assets while ensuring full international accounting compliance.
GoCodes
GoCodes is an all-in-one asset management software providing QR code tracking, cloud-based inventory databases, and mobile scanning apps to help businesses track equipment and reduce loss.
Quick Comparison
| Feature | FMIS Fixed Assets | GoCodes |
|---|---|---|
| Website | fmis.com | gocodes.com |
| Pricing Model | Custom | Subscription |
| Starting Price | Custom Pricing | $42/month |
| FREE Trial | ✘ No free trial | ✓ 15 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1982 | 2011 |
| Headquarters | Canterbury, UK | Minneapolis, USA |
Overview
FMIS Fixed Assets
FMIS Fixed Assets gives you total control over your organization's entire asset lifecycle, from initial procurement through to final disposal. You can eliminate manual spreadsheet errors by automating complex depreciation calculations across multiple books, including GAAP, IFRS, and local tax requirements. The platform provides a centralized register where you can track locations, custodians, and maintenance schedules in real-time.
You can easily manage high volumes of assets across different departments or global entities using a single, unified interface. The software scales to meet the needs of mid-market and enterprise organizations, particularly those in asset-intensive industries like manufacturing, healthcare, and education. By integrating directly with your existing ERP or finance system, you ensure that your balance sheets always reflect accurate, up-to-date asset values.
GoCodes
GoCodes provides a straightforward way to track your physical assets and inventory using patented QR code technology. You can manage everything from construction equipment and IT hardware to office furniture through a central cloud-based database. By simply scanning a secure QR code tag with your smartphone, you can instantly update an asset's status, location, or maintenance history without needing expensive proprietary scanners.
The platform solves the common headache of lost equipment and ghost assets by giving your entire team real-time visibility. You can assign tools to specific employees, set up automated maintenance reminders, and generate depreciation reports for accounting purposes. It is designed to be easy enough for field workers to use while providing the detailed data reporting that managers and accountants require to stay organized.
Overview
FMIS Fixed Assets Features
- Automated Depreciation Calculate depreciation automatically using various methods like straight-line or reducing balance to ensure your financial reports remain accurate.
- Multi-Currency Support Manage assets across global locations with support for multiple currencies and different international accounting standards in one system.
- Asset Tracking Monitor the physical location and status of your equipment using barcode or RFID scanning to prevent loss and theft.
- Maintenance Management Schedule regular servicing and track repair costs for your assets to extend their useful life and reduce unexpected downtime.
- Lease Accounting Stay compliant with IFRS 16 and ASC 842 standards by managing your leased assets and contracts within the same platform.
- Audit Trail Maintain a complete history of every change made to an asset record to simplify your internal and external audits.
GoCodes Features
- Patented QR Code Tags. Identify your assets with durable, custom-printed QR code labels that link directly to your digital database records.
- Smartphone Scanning. Turn any mobile device into a powerful scanner using the native app to check items in and out.
- GPS Location Tracking. View the last known location of your equipment on a map every time a team member scans a tag.
- Maintenance Scheduling. Set up recurring service alerts and track repair history to ensure your machinery stays in peak operating condition.
- Asset Depreciation. Calculate book value automatically using standard accounting methods like straight-line or double-declining balance for tax compliance.
- Custom Data Fields. Tailor your asset profiles by adding unique text, date, or dropdown fields that match your specific business needs.
Pricing Comparison
FMIS Fixed Assets Pricing
GoCodes Pricing
- Up to 200 assets
- Includes 200 QR code tags
- Smartphone scanning app
- GPS location tracking
- Basic reporting tools
- Email support
- Everything in Standard, plus:
- Up to 500 assets
- Includes 500 QR code tags
- Maintenance scheduling
- Custom data fields
- Asset depreciation reports
Pros & Cons
FMIS Fixed Assets
Pros
- Handles complex multi-national depreciation requirements with ease
- Highly configurable to match specific industry workflows
- Excellent technical support during the implementation phase
- Seamless integration with major ERP systems like SAP and Oracle
Cons
- Interface feels dated compared to newer SaaS platforms
- Initial setup requires significant time for data migration
- Learning curve for users unfamiliar with advanced accounting
GoCodes
Pros
- Extremely easy to set up without specialized IT knowledge
- Eliminates the need for expensive dedicated hardware scanners
- Rugged tags withstand harsh outdoor and industrial environments
- Mobile app works reliably for field-based employees
- Excellent customer service during the initial onboarding process
Cons
- Pricing is only available as annual billing
- Limited offline functionality in areas with poor signal
- Reporting interface can feel dated compared to modern apps