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Effortless Fixed Asset Management with Zoho Books

Managing fixed assets like buildings, machinery, and vehicles can be challenging and time-consuming. Tracking acquisition, depreciation, and disposal often leads to errors. Zoho Books simplifies this with its Fixed Asset Management feature, ensuring accuracy and efficiency.

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Why Fixed Asset Management is Crucial?

Stay Audit-Ready

Maintain accurate records to ensure seamless and stress-free audits.

Simplify Asset Tracking

Manage every stage of an asset’s lifecycle, from purchase to disposal, all in one place.

Optimize Asset Usage

Optimize the utilization of existing assets and make data-driven decisions before committing to new investments. This helps reduce operational costs and is especially crucial for industries like manufacturing, where assets are expensive.

How Zoho Books Simplifies Fixed Asset Management?

Automated depreciation tracking and multiple calculation methods

Straight-Line Method (SLM): Spreads the asset’s value evenly over its useful life.
150% Declining Balance Method: Applies 150% of the SLM rate, resulting in higher depreciation in the early years.
200% Declining Balance Method: Doubles the SLM rate for even faster depreciation early on.

Detailed Asset Records & Asset Models

Record crucial asset details like type, purchase price, life span, and more. Similarly, create your own asset models based on your business requirements.

Customizable Reports

Generate insightful reports on asset movements, depreciation schedules, and disposal summaries.

Asset Disposals

Manage your asset disposals either via sales, or write-offs.

Depreciation capabilities for Better Insights

Actions

Depreciation Flowchart

Visualize asset depreciation trends over time with intuitive charts.

Module

Depreciation History

Access detailed records from activation to the current date.

Webtabs

Depreciation Forecast

Plan for the future asset management with predictive insights based on asset life span and disposal values.

What's next

Here's what our customers are saying about us

I switched from QuickBooks to Zoho Books because it's incredibly user-friendly. Zoho Books has simplified our financial processes, especially with features like inventory management integrated with CRM. The platform is well-crafted and efficient, perfect for our small company. Plus, their customer service is fantastic. I trust Zoho Books.

Mathew O'Brien

ECM MEDIA LLC
Creating quotes, acquiring signatures, processing payments, and reporting revenue and taxes has gone from slow and arduous tasks to effortless tasks! Zoho Books does everything its counterparts do but is more customizable. Their customer service team goes above and beyond and is almost always available, all at a fraction of the cost compared to its competitors.

Justin Kase Conder

JKase Inc, USA