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Fixed Asset Accounting
Simplify fixed asset management: add, track and monitor assets, record depreciation expenses, and manage asset disposals with ease. Generate asset-related reports and manage asset lifecycles with detailed asset information at your fingertips
Keep track of asset location and condition. Monitor depreciation in real-time. Automate purchase and sale of assets. Streamline the asset transfer process. Track asset-related expenses. Generate reports for tax and accounting purposes. Receive reminders for periodic maintenance and insurance renewals. Leverage analytics to maximize the return on your investments.
Finance teams can accurately track assets including purchase date, purchase price, depreciation, and current value, and book depreciation automatically to ensure accurate and up-to-date records of their fixed asset inventory.
Automate tracking of all assets from acquisition to disposal.
Keep accurate records of depreciation and other asset-related costs.
Minimize manual data entry, reducing risk of errors.
Key Features of Fixed Asset Accounting
with Deskera ERP.
Manage Fixed Assets
Track and manage fixed asset purchases, depreciation and disposals
Define Asset Depreciation
Set up depreciation schedules, calculate and record depreciation
Report on Fixed Assets
Generate reports to provide current and historical data on fixed asset investments
Track Asset Location
Monitor and update asset location and custodian information
Monitor Asset Utilization
Monitor and track asset usage and utilization to optimize asset efficiency
Record Asset Maintenance
Record regular maintenance activities and schedule preventative maintenance tasks
Automate Asset Reconciliation
Automate fixed asset balances to ensure accuracy and completeness
Monitor Asset Disposals
Monitor and track fixed asset disposals to ensure proper recordkeeping and compliance with applicable laws and regulations
Create Asset Lease Contracts
Create and manage fixed asset lease contracts to maximize asset value