Fixed Assets

Asset age and book value, made clear

A fixed-asset register with classifications and types, plus depreciation, revaluation, sale and write-off, and depreciation entries that can be posted and reversed.

Key capabilities

  • Asset classification, types and the asset register
  • Depreciation methods: straight line, declining balance, units of production, sum of years
  • Asset revaluation and re-estimation
  • Sale of an asset, and its write-off or disposal
  • Depreciation entry with posted and reversed statuses
  • Reports: depreciation movement, by classification, asset depreciation schedule, asset register
  • Analytics: net book value, asset lifecycle, warranty and insurance expiry, purchases and disposals

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