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Module

Fixed Assets

Know what you own, where it is and what it is worth. Capitalise purchases and work in progress, run depreciation every period, and record transfers, revaluations, verifications and disposals with their postings.

What stands out

  • From purchase to asset

    A receipt becomes work in progress or an asset directly, with its cost, warranty and custodian.

  • Book and tax depreciation

    Depreciation runs every period for the books, and a separate schedule works out tax depreciation.

  • Physical verification

    Count what is really there and see every discrepancy against the register.

  • Insurance and claims

    Policies and claims are kept with the assets they cover.

Druk Valley Trading · Fixed Asset RegisterIllustration
Fixed Asset Register · as of 31-Dec-2025book values
AssetCustodianCost (Nu.)DepreciatedBook value (Nu.)
Delivery truckTransport2,850,000.0042%1,653,000.00
ForkliftMain Store1,240,000.0065%434,000.00
ServerIT385,000.0080%77,000.00
WarehouseAdmin9,600,000.0018%7,872,000.00
Cold roomProjects1,120,000.00In progress1,120,000.00
Total book valueNu. 11,156,000.00

What it handles

  • Asset register and asset categories
  • Capitalisation of purchases and work in progress
  • Depreciation runs
  • Transfers, revaluations and impairments
  • Asset verification
  • Insurance and claims
  • Disposals

Reports it gives you

  • Fixed Asset Schedule
  • Depreciation Schedule
  • Assets Under Construction
  • Assets by Custodian
  • Asset Register vs Ledger
  • Verification Discrepancies
  • and more

Over 250 reports across Infinates, with charts, drill-down to the documents and export to Excel and PDF.

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