CYCOM Fixed Asset Register

What CYCOM Fixed Asset Register is

CYCOM Fixed Asset Register records company assets from purchase through disposal and calculates depreciation using the method selected. It tracks purchases, revaluations and disposals, including gains or losses when an asset is disposed of, and retains a full history for each asset. Its reports cover assets and depreciation for accountants and auditors. Product details also include multi-company support, asset grouping, serial-number monitoring and a lifecycle audit trail.

The register is offered for Windows as an on-premise standalone licence, and it can also integrate with CYCOM’s SOFIA Financial Management System. With SOFIA, asset values reconcile with the books. In standalone mode, the software can generate an ASCII file of accounting transactions for use with another general ledger system. CYCOM describes the product as suited to Cypriot businesses tracking equipment, vehicles, fittings or machinery, and to accountants managing assets for clients. Standalone modules are sold as licences, with the price confirmed during a free consultation. CYCOM says it has built business software for Cypriot businesses since 1984. The older product page describes secure role-based access control. Support is available by email and helpdesk phone during listed weekday hours.

Who it suits

This register suits Cypriot businesses that need to track equipment, vehicles, fittings or machinery through their lifecycle. Accountants managing assets for clients may also find its depreciation history and reporting useful.

Limits

The standalone module is sold as a one-off licence, with the price confirmed during a free consultation. No other limit for the licence is listed.

Getting started

1. Visit CYCOM’s Fixed Asset Register website.
2. Arrange a free consultation to confirm the licence price.
3. Choose the standalone licence for on-premise use.
4. Use the SOFIA integration or generate an ASCII transaction file for another general ledger system.
5. Contact support by email or helpdesk phone during its listed hours.

Verdict

Choose CYCOM Fixed Asset Register if you need to track assets and depreciation on Windows, especially alongside SOFIA. Businesses using another general ledger can exchange accounting transactions through an ASCII file; pricing requires a free consultation.