Fixed Asset Management

Manages the full lifecycle of assets from acquisition to disposal with automated depreciation and valuation. Ensures accurate asset records and compliance.

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Asset Registration & Tagging

Record every asset with detailed information, assign asset codes, and enable tagging for complete traceability, supporting accurate tracking throughout its lifecycle.

Asset master creation
Barcode/RFID tagging
Asset classification

Asset Capitalization

Convert purchases and work-in-progress assets into capitalized assets with automated accounting entries and approval workflows for complete financial accuracy.

Capex to asset conversion
GL posting automation
Approval-based capitalization

Depreciation Calculation & Posting

Calculate monthly or yearly depreciation using multiple methods and post entries automatically to ensure accurate asset valuation and compliance.

SLM & WDV methods
Auto depreciation runs
GL integration

Asset Transfer & Reallocation

Relocate assets between departments, locations, or cost centers with controlled approvals and updated financial ownership records.

Inter-department transfers
Cost center reassignments
Transfer approval workflow

Asset Revaluation

Update the value of assets based on market conditions or accounting requirements while maintaining complete audit records of value changes.

Revaluation adjustments
Audit trail of changes
Automated GL postings

Asset Maintenance Alignment

Link maintenance activities with asset lifecycle data to ensure proper upkeep, reduce downtime, and maintain accurate financial and operational records.