Fixed assets management
What the fixed assets module covers
Asset register
Track assets with photos, documents, and location management.
Depreciation
Straight-line, reducing balance, units of production, and sum of years digits.
Asset acquisition
Record purchases and capitalization with automatic journal entries.
Revaluation
Asset revaluation with surplus and deficit tracking per IAS 16.
Disposal tracking
Record sales, scrapping, and transfers with gain and loss calculations.
Reporting
Fixed asset schedules, depreciation reports, and tax reconciliation.
Depreciation that posts itself
Run separate methods for tax and reporting, keep impairments on record, and let every charge flow straight to the ledger.
- Depreciation calculates and posts to the ledger automatically
- Separate methods for tax and financial reporting
- Full lifecycle tracking from acquisition to disposal
- Impairment testing and write-down management
- Barcode labeling and physical verification
- Automatic GL postings through the accounting module
Depreciation schedule
Cost
$50,000
Accumulated dep.
$12,500
Net book value
$37,500
Method
Straight line
Connected to the rest of the system
Fixed assets link to accounting, procurement, and maintenance across the asset lifecycle.
Manage assets with confidence
See how automated depreciation and compliance reporting work on your register.