Fixed assets that depreciate themselves
Every asset carries its own depreciation schedule, its own finance book and its own maintenance history — so the balance sheet reflects what you actually own, without a spreadsheet running alongside it.
What you get
An asset register that posts
Assets are recorded against categories with their own accounts, so acquisition, depreciation and disposal all reach the ledger without a manual journal.
Depreciation schedules, calculated
Each asset carries a schedule that posts on time rather than waiting for someone to remember it at year end.
Multiple finance books
Keep a different depreciation basis for statutory and management reporting on the same asset, instead of maintaining two registers.
Capitalisation from what you bought
Turn stock items, services and costs into a capitalised asset, so the value carried is what was actually spent assembling it.
Asset maintenance
Maintenance teams, tasks and logs held against the asset — the record that turns a breakdown into a pattern you can act on.
Movement and disposal
Transfers, adjustments and sales recorded against the asset with the accounting handled, so a disposal is not a manual write-off exercise.
Common questions
Does depreciation post automatically?
Yes. Each asset carries its own depreciation schedule, and the entries reach the ledger on schedule rather than being journalled by hand.
Can we depreciate differently for tax and management accounts?
Yes, through multiple finance books on the same asset, each with its own basis.
Can we track maintenance on our assets?
Yes, with maintenance teams, scheduled tasks and a log held against the asset record.