Fixed Asset Register
Track and depreciate physical assets (buildings, equipment, vehicles, etc.).
Adding an Asset
- Accounts → Fixed Asset Register → Add Asset
- Fill in asset details, depreciation method (Straight Line, WDV, SOYD, DDB), book value, salvage value, useful life
- A summary panel shows computed depreciation before submission
Depreciation Methods
| Method | Description |
|---|---|
| Straight Line | Equal amount each period |
| Written Down Value (WDV) | Declining balance based on an annual rate percentage |
| Sum of Years Digits (SOYD) | Accelerated depreciation |
| Double Declining Balance (DDB) | Twice the straight-line rate |
Actions
- View Depreciation Schedule: Shows all depreciation entries for an asset
- Dispose / Liquidate / Write-Off: Terminal operations with gain/loss calculation
- Revalue: Adjust asset value upward or downward
- Impair: Record impairment loss
- Bulk Dispose: Select multiple assets for disposal
- Revise Useful Life: Change remaining depreciation period prospectively
- Projection: View future depreciation forecast by month/branch
API Access
All fixed asset operations are available via the internal controller at /v1/fixed-assets-register.