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Fixed Assets

Fixed Asset Management for Every Business Asset

Our Fixed Asset Management module simplifies the entire asset lifecycle from acquisition to disposal. You can track depreciation, maintenance and asset value with accuracy. Monitor locations and usage while ensuring compliance with accounting and audit standards. Streamline your asset operations and manage everything in one place seamlessly.
Fixed assets dashboard transactions transfers

01 Asset Transactions

Tech Cloud ERP gives you the ability to manage any function associated with your assets, including adding new assets, modifying assets and disposing of assets. The system automates calculation of depreciation using your choice of methods so that your financial information stays accurate without an opportunity for error by people
Fixed assets inquiry dashboard reports

02Inquiries & Reporting

With built-in reporting tools, you can access detailed information about each asset, monitor intricate depreciation schedules and maintain a clear audit trail. This visibility aids in compliance and supports informed decision-making by providing leaders a panoramic picture of their multi asset portfolio, from individual components to entire systems.
Fixed assets maintenance dashboard data

03Asset Master & Maintenance

Each asset's profile includes essential details such as purchase date, cost, vendor information and warranty status. You can schedule regular maintenance activities and track their completion, helping to extend asset life and prevent unexpected downtimes. Proper maintenance of complex machinery is crucial to avoid expensive breakdowns and repairs that can disrupt workflow. Ensuring each component receives scheduled upkeep will optimize performance for years of service.

Maximize the Value of your Assets

From acquisition to depreciation, manage your fixed assets in one place. Track asset life, locations and maintenance schedules — all while staying audit-ready and compliant with accounting standards.

Frequently Asked Questions

The Fixed Assets module manages asset lifecycles including acquisition, depreciation, maintenance and disposal.

Depreciation allocates the cost of an asset over its useful life, capturing wear and tear and because it is an acceptable treatment to accurately depict the company's finances and prepare taxes.

Yes, Tech Cloud ERP allows you to schedule and monitor maintenance activities, ensuring assets remain in optimal condition.

When disposing of an asset, you can record the sale or retirement and the system will update records and financial statements accordingly.

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