As an alternative to the typical depreciation systems utilized by many utilities (mainly as a tool for tax purposes) WATER Power Tools™ offers C8.0, an Asset Management System. C8.0 examines the real expected life cycle of the asset in years, including any planned incremental improvements, and then develops a replacement strategy, using annual deposits to a Capital Replacement or Improvement Fund. C8.0 incorporates earned interest on capital replacement funds and also partial replacement cost funding levels.
Screen Shot of C8.0 Asset Management
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C8.0 supports up to 20 separate asset management plans, and you can easily copy the worksheet to support additional projects.