ERP module · Assets & Service
Asset Management
Track every asset from purchase to disposal.A register of fixed and IT assets with assignment, maintenance, depreciation and disposal — so organisations know what they own and what it costs to keep.
Available on request
The problem
Business problems it addresses
- Nobody is sure who holds which laptop, vehicle or piece of equipment.
- Maintenance happens only after something breaks.
- Depreciation is calculated in a separate spreadsheet each year.
- Lost or idle assets are discovered only during audits.
Capabilities
What the module does
- Asset register
- Categories, tags, locations, purchase details and supporting documents.
- Assignment & custody
- Issue assets to people or departments and track handovers.
- Maintenance schedules
- Preventive and corrective maintenance with service history.
- Depreciation
- Depreciation methods and schedules that post to the general ledger.
- Audit & verification
- Periodic verification of assets by location with exception reports.
- Disposal
- Retirement, sale or write-off with approval and accounting entries.
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Typical workflow
How work flows through it
- 1
Assets are registered from purchase records
- 2
Assets are assigned to people, teams or locations
- 3
Maintenance is scheduled and recorded
- 4
Depreciation runs each period
- 5
Assets are verified, transferred or disposed
Business benefits
- Clear accountability for company assets
- Longer asset life through planned maintenance
- Accurate depreciation in the books
- Faster, cleaner asset audits
Connected modules
Works best with
- Procurement & Vendor ManagementControlled purchasing from requisition to payment.
- Accounting & FinanceOne general ledger that every department posts to.
- Warranty ManagementHonour every warranty with a clear, traceable process.
- HRM, Payroll & AttendanceFrom hiring to payslip, every people process in one record.
Explore Asset Management for your organisation.
Book a demo or a short consultation. We'll walk through the module using scenarios from your own operations.