Asset Management

Fixed Asset Register & Depreciation

Track assets, calculate depreciation (straight-line, reducing balance, units), and manage disposals automatically.

3
Depreciation Methods
Auto
Monthly Calculation
Full
Asset Register
GL
Integration

Complete Asset Register

Record all fixed assets with purchase date, cost, location, category, and useful life. Barcode/tag tracking for physical verification.

Complete Asset Register

Automatic Depreciation

Calculate depreciation monthly using straight-line, reducing balance, or units of production methods. Automatic journal posting to the correct P&L and balance sheet accounts.

Automatic Depreciation

Disposal & Write-Off

Record disposals, calculate profit/loss on disposal, and remove assets from the register. Bulk write-off for fully depreciated assets.

Disposal & Write-Off

Why Choose This Feature

Full fixed asset register with categorisation
Automatic monthly depreciation calculation
Straight-line, reducing balance, and units methods
Disposal and profit/loss on disposal
General ledger integration

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