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Virmati FAMS, which stands for "Fixed Asset Management System," is a web-based application designed to efficiently manage both movable and non-movable fixed assets purchased by an organization or corporation. This software automates the tracking and management of fixed assets throughout their lifecycle, including calculating depreciation on these assets. It can be used at the head office level to centrally manage assets and can also be implemented at the branch level for decentralized asset tracking and management.
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