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Operations

Fixed asset management software your auditors will like

VisionONE Fixed Asset Management keeps a complete register of what you own, where it is and who is responsible for it. Depreciation runs automatically and posts to the ledger, and every transfer, revaluation and disposal is recorded.

Illustration with sample data. We show your own data in the demo.

Features

What Fixed Asset Management includes

Asset register

Every asset with category, location, custodian, supplier and documents.

Depreciation

Straight-line or reducing-balance depreciation, run monthly and posted automatically.

Transfers

Move assets between branches, departments and custodians with history.

Revaluations & disposals

Record revaluations, sales and write-offs with gain or loss.

Verification

Periodic asset verification against the register.

Audit reports

Asset schedules and movement reports for auditors.

How it works

How Fixed Asset Management works in VisionONE

Assets are captured from purchases or imported.

Depreciation runs each period and posts to the ledger.

Transfers and disposals are approved and recorded.

Asset schedules are ready for year-end audit.

FAQ

Fixed Asset Management: frequently asked questions

Can depreciation differ for book and tax?

Yes. Separate book and tax depreciation can be maintained.

Can we tag assets to custodians?

Yes. Each asset has a location and a responsible custodian.

Does it link to fleet?

Yes. Vehicles can be managed as assets and in Fleet Management.

Works with

Related modules

See Fixed Asset Management in a live demo

Bring one real process (order to invoice, purchase to pay or payroll) and we will run it live in VisionONE, compliance steps included. The demo is free and there is no obligation.