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Valuation
With the new VUEWorks 2009 Valuation module you can:
- Calculate value and depreciation for all assets, including buildings, streets, bridges, water, sewer, storm sewer, etc.
- Determine and report historical costs, annual depreciation, total depreciation, replacement costs, and more.
- Meet GASB 34 reporting requirements
- Search and filter by location or other criteria to create reports.
- Account for maintenance that adds value and extends asset use.
The VUEWorks Valuation module will create reports that meet the Government Accounting Standards Board Statement No. 34 (GASB No. 34) requirements for maintaining and reporting value and depreciation of all your infrastructure assets.
You can develop reports on your assets to meet GASB No. 34
If you do not have historical construction cost data, Valuation will calculate historical costs for you. You can also enter historical costs directly or enter unit costs and let it calculate the total value. Used in conjunction with the Work Order module you can also increase asset value by assigning the costs of work activity and extend assets life. The calculation screen keeps you informed if any data is missing and if the calculations are up to date.
You can calculate which assets you want to report with just a few clicks.
With the simple one button approach, VUEWorks Valuation removes the drudgery and expense of meeting GASB 34 requirements year after year. With GASB 34 reporting under your control you can leverage depreciation and related financial information to help Budget Forecasting planning and Project planning.
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