Frequently Asked Questions
This section provides answers to common questions about AssetReader, AssetWriter, and AssetArchive. Select any item below to expand and view the answer .
AssetReader
What file formats can be imported?
AssetReader supports multiple ABL‑specific formats including agings, inventory, sales, cash, GLs, and customer lists .
What reports are available after import?
Over 100+ reports including aging analysis, concentrations, ineligibles, inventory movement, and exception testing .
Can reports be exported to Excel?
Yes — AssetReader can output reports directly to Excel workbooks .
What AR ineligibles are calculated?
Cross‑age, past‑due, concentrations, credit memos, finance charges, and custom rule‑based ineligibles .
Does the system calculate inventory ineligibles?
Yes — including slow‑moving inventory, obsolete items, and multiple movement methods .
Does the system calculate slow‑moving inventory?
Yes — several methods are available for turnover and movement analysis .
Can the system calculate contras?
Yes — based on AP reports and other supporting schedules .
Does AssetReader support custom math functions?
Yes — including Boolean logic (If/Then/Else) and multi‑level rule creation .
Can the system re‑age agings?
Yes — multiple re‑aging methods are supported .
Can common‑ownership accounts be grouped?
Yes — for example Walmart + Sam’s Club can be grouped for concentration analysis .
Can coded items be picked up?
Yes — including finance charges, debit memos, and country codes .
Does the system support currency translation?
Yes — translation is available at the row level .
Can users specify different cross‑age rates?
Yes — per‑customer cross‑age rates are supported .
Can users specify different concentration limits?
Yes — per‑customer concentration limits are supported .
Can multiple trap levels be used?
Yes — multiple levels such as location, job number, and other row‑level traps are supported .
AssetWriter
Can the system consolidate divisions?
Yes — multiple divisions can be consolidated into a single exam .
Can data from other users be imported?
Yes — multi‑user imports are supported .
Is the Writeup integrated?
Yes — fully integrated writeup system .
Can Writeup be done with AI?
Yes — AI‑enabled writeup is supported .
Are templates customizable?
Yes — templates can be customized for sections and subsections .
Can AssetReader data be loaded?
Yes — AssetReader data loads directly into AssetWriter .
Does the Borrowing Base support multiple divisions?
Yes — multiple layers of collateral and divisions are supported .
Are footnotes supported?
Yes — footnotes can be added per test .
Can notes be included in the Writeup?
Yes — notes can be viewed and included .
Can reports be exported to Excel?
Yes — Excel workbook export is supported .
Can the system accept Excel schedules?
Yes — Excel schedules can be imported .
What happens when the program changes?
Changes do not affect prior exams; all data remains intact .
Are graphs supported?
Yes — graphs are available as workpapers and writeup objects .
Is there an audit review?
Yes — tick‑and‑tie audit review is included .
Is currency translation supported?
Yes — currency translation is available .
Are checklists included?
Yes — customizable checklists are included .
Is the system based on Microsoft Office?
No — it is not based on Excel or Word .
AssetArchive
What does AssetArchive do?
It provides historical analytics, trends, and exception identification using AssetReader data .
Can AssetArchive assist in fraud reduction?
Yes — it identifies anomalies, unusual items, and new debtors requiring review .
Can AssetArchive assist with confirmations?
Yes — it supports risk‑based confirmations and exception tracking .