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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: The asset’s value is evenly depreciated until the end of the asset’s life
Declining Balance Method: The asset’s value depreciates rapidly during the initial stage of its useful life, slowly in the later stage. In this method, depreciation is calculated each year by applying a constant percentage to the asset’s current value.

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

Zoho Books makes it easy to create an quote from my smartphone right after a meeting or a call. It's simple to set up, fully customizable, and has a user friendly interface. Now all I have to do is, focus on my core business for better productivity.

Taher Alami

ABWEB, UAE
Zoho Books has helped our team to improve productivity, save time and manage more clients in less time. It is really a ‘WOW’ platform to work on.

Riyas Parat

Alchemist Accounting, UAE