Assets

Fixed Assets

Complete asset registers and depreciation management

Manage hotel fixed assets from room furniture and kitchen equipment to electrical systems and vehicles. Calculate depreciation, count assets by QR code and connect each asset to maintenance work orders.

Core Functions

Fixed-asset register

Straight-line and declining-balance depreciation

Transfers between branches and departments

Disposals and write-offs

QR and barcode count sessions

Features

QR code per asset

Scan to see history, repairs, transfers and counts

Depreciation schedules

Calculate and post monthly depreciation to the GL

Multiple locations

Track building, floor, room and department

Photos and documents

Attach invoices, warranties and manuals

Insurance tracking

Record policy expiry and receive advance alerts

Component accounting

Separate components with different useful lives

Benefits

Know where every asset is

Maintain a verifiable location and custody trail

Correct depreciation

Close accounts faster with audit-ready calculations

Plan replacements

Identify assets approaching the end of useful life

Reduce asset loss

Run more frequent mobile counts

Typical workflow

  1. 1

    Register a new asset and attach its QR label

  2. 2

    Set the depreciation method and useful life

  3. 3

    Calculate depreciation and post it monthly

  4. 4

    Run scheduled counts on mobile devices

  5. 5

    Record transfers or disposals and update the GL

FAQ

Ready to try Fixed Assets?

Our team is happy to give a free consultation and demo.