Every asset on the register, and where it is.
Fixed assets keeps a record of every machine, vehicle, computer and fitting your business owns, from the purchase bill to the day it is sold or scrapped. It calculates depreciation for your books and for tax separately, and lets you check that what is on the register is actually on the floor.
Asset register with location and custodian, depreciation under Companies Act and Income Tax rules, and entries for additions, transfers and disposal. Supports barcode tagging and physical verification.
Inside the module.
Asset register
Each asset with cost, purchase date, location and custodian.
Two depreciation workings
Depreciation under Companies Act and Income Tax rules, kept side by side.
Asset additions
New assets added to the register with the entry posted to accounts.
Asset transfers
Move an asset between branches, departments or custodians, with history kept.
Sale and scrap
Sale or scrap entry, with profit or loss posted to accounts.
Barcode tags
A tag on each asset, scanned during verification.
Physical verification
Compare scanned assets with the register and list what is missing or misplaced.
Part of 4 products.
Multi-entity Accounting
This multi company accounting software keeps separate books for each of your companies, firms and branches, and gives you the…
View Business softwareFinancial Management Software
This financial management software is the accounts side of an ERP: sales, purchase, stock and payroll post to the ledgers as the…
View Business softwareAsset and Fixed Asset Management
This fixed asset management software serves two people at once.
View Business softwareMaintenance Management
This maintenance management software moves your plant's upkeep from registers and memory to a schedule with history.
ViewIndustries that rely on it.
Questions, answered.
Does depreciation post to the accounts automatically?
Yes. Depreciation for the period is calculated asset by asset and posted to the ledger. The Income Tax calculation is kept as a separate working for your return.
How does physical verification work?
Each asset carries a barcode tag. A person walks the floor scanning tags, and the system lists assets not found and assets found in the wrong location.
Can I track who holds a laptop or phone?
Yes. Each asset has a custodian. When it moves to another person or branch, the transfer is recorded with the date.
Which Kreon products include fixed assets?
Multi-entity Accounting, Financial Management Software, Asset and Fixed Asset Management, Maintenance Management. It can also be added to a custom system.
Tell us what is slowing your business down.
We will tell you, honestly, whether software can fix it. If it cannot, we will say so.