Automated Asset Schedules

Register fixed assets like equipment, furniture, or vehicles. Set up straight-line or declining balance depreciation schedules, and let the system automatically post the monthly depreciation journal entries.

Key Capabilities:

• Straight-Line & Declining Schedules: Calculate monthly asset amortization accurately.
• Accumulated Depreciation Ledger: Balances reflected automatically in the balance sheet.
• Disposal & Salvage Tracking: Compute capital gains or losses when retiring or selling fixed assets.