Fixed Assets (FA)

Reliable Asset Register Management

Maintain a complete register of all your tangible assets—vehicles, equipment, buildings, and more. Each asset record stores key information such as purchase cost, location, department, warranty, and maintenance history. You can group assets by category, department, or project, and even link them to jobs in the Job Costing (JC) module for full capital expenditure tracking.

Multiple Depreciation Methods

The module supports a range of depreciation options, including straight-line and diminishing value. You can apply different depreciation rates for accounting and tax reporting—ensuring compliance with both internal and statutory requirements.

Error Handling and Rollback

Accredo FA is designed to reduce the manual effort typically required in spreadsheet-based systems. If an asset is entered with an incorrect depreciation rate, the module allows you to roll back, correct the rate, and automatically recalculate depreciation—without starting over. You can also delete incorrect transactions and regenerate reports with just a few clicks.

Bulk Processing and Automation

Ideal for businesses managing a high volume of assets, the FA module supports bulk asset import, mass updates, and disposals. This reduces administrative overhead and ensures the register remains current and clean from year to year.

Streamlined Year-End Reporting

With robust recordkeeping and integrated reporting tools, FA simplifies year-end processes such as reconciliation, audit preparation, and verification of asset existence. Whether you're reviewing summary reports or exporting detailed schedules, the information is ready when you need it.