For healthcare and insurance
Thousands of clinical assets across sites, in one register.
Count what exists, allocate depreciation to cost centres, keep book and tax apart for the entities that pay tax.
| Exception | Asset | Description | Register location | Found at | NBV | Action |
|---|---|---|---|---|---|---|
| Not found | 09877 | Forklift, unit 3 | Warehouse | 0.00 | Review for write-off | |
| Wrong location | 10603 | Warehouse racking, aisle 3 | Warehouse | Plant 2 | 14,876.46 | Transfer |
| Not on register | Pallet wrapper, tag W-0448 | Warehouse | Add asset | |||
| Not found | 10231 | Laptop, S/N 7HQ2 | Warehouse office | 312.50 | Review for write-off | |
| 409 matched · 2 not found · 1 wrong location · 1 not on register | ||||||
For a health system
- Registers
- Multi-entity, multi-campus in one database
- Allocation
- By percentage across cost centres, effective-dated
- Counting
- Barcode labels and scanner files; exception reports
- Books
- Book only for exempt entities; all four for taxable
- Scale
- 10,000 records on plan; above by quote
Already in this sector.
Mount Sinai Hospital has described its use of the product in writing. Customer accounts
Moves between departments, with an effective date.
| Asset | Description | From location | To location | From GL | To GL | Portion |
|---|---|---|---|---|---|---|
| 10412 | Vertical machining center | Plant 1 / Cell 4 | Plant 2 / Cell 1 | 1540-100 | 1540-200 | 100% |
| 10603 | Warehouse racking, aisle 3 | Warehouse | Plant 2 | 1570-300 | 1570-200 | 100% |
| 10120 | Nonresidential improvement, Bldg 2 | Plant 1 | Plant 1 (50%), Plant 2 (50%) | 1520-100 | 1520-100 / 1520-200 | 50% split |
The questions healthcare and insurance ask, answered.
Can we allocate one asset's depreciation across cost centres?
Yes, by percentage, changed by effective date when a department moves.
How do we find what is actually on the floor?
Barcode inventory: labels, a handheld count, and an exceptions report of what was not found, misplaced, or not on the register.
We have taxable and tax-exempt entities. Does that work?
Yes. The exempt hospital runs on the book basis; the taxable physician group or insurer runs federal, state and AMT alongside.
How large can the register be?
10,000 asset records on plan; larger registers are quoted and common in this sector.
Try it on your own register.
Fourteen days, the full product, no card. Load your assets, run a schedule, compare it with what you filed.
Start the 14-day trialRequest a demo
Hosted by us in a dedicated environment for your organisation, or on your own server. One database per customer; your data is exportable in full at any time.
Priced by asset records. Every plan is the full product. Your data is exportable in full, at any time, at no charge. Plans from $1,000 a year.