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Smarter Asset Management for Sustainable Growth

Maximize Asset Performance — From Acquisition to Retirement Your assets aren’t just equipment — they’re long-term investments in your growth and sustainability. With our Asset Management module, you can track, maintain, and optimize every asset throughout its entire lifecycle — from procurement and operation to maintenance and final disposal.

Everything you need to control your assets

Gain audit-ready records, prevent losses, and improve ROI with accurate asset registers, maintenance schedules, and automated depreciation.

Tracking, Classification, and Lifecycle

Asset Creation & Categorization Create and classify assets by type, department, or location for smarter organization and more effective tracking.

Automated Depreciation

Enable automated financial depreciation based on each asset’s lifecycle, fully compliant with tax regulations, supporting straight-line and accelerated methods.

Procurement Integration

Link purchase orders directly to asset creation so the asset’s operational lifecycle begins immediately upon acquisition.

Asset Transfers Between Locations

Easily transfer assets across departments or branches while maintaining a detailed transfer history.

Maintenance, Warranty, and Finance Integration

Scheduled Maintenance

Set recurring maintenance tasks to minimize downtime and extend asset lifespan.

Warranty Management

Track warranty coverage, expiration dates, and related claims for each asset in one centralized place.

Automated Journal Entries

Automatically record every purchase, depreciation, or disposal in accounting—no manual input required.

Monthly & Annual Closures

Access accurate, real-time reports showing asset value, depreciation, usage, and financial status.

Compliance, Scalability, and Global Operations

Complete Audit Trail

The system logs every movement, service, and transaction for each asset, supporting thorough internal and external audits.

Document Attachments

Attach invoices, warranty cards, purchase documents, and more directly to each asset for full record keeping.

Multi-Company Operation

Manage assets across multiple companies or entities with separate data access and reporting.

Multi-Currency Support

Track and manage assets in any currency with automatic exchange rate updates and consolidated reporting across locations.

Connected Modules.
Undefined Growth

Each module work seamlessly with the rest - giving you one connected platform to manage your entire business

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Everything You Should Know About Asset Management

What exactly is an asset in ERPNext? +

An asset is any valuable company-owned item—like computers, vehicles, furniture, or equipment—that you can track and depreciate for accurate financial management.

Can assets be registered and tracked automatically? +

Yes. Add assets manually or import them via Excel with details like serial numbers, location, custodian, and department — keeping your asset register precise and up-to-date.

Is depreciation handled automatically? +

Absolutely. Set your depreciation policies (straight-line, declining balance, or custom) and let ERPNext calculate it monthly or yearly—saving you time and ensuring accounting accuracy.

Is asset location tracking supported? +

Yes. Track every asset transfer with full history—dates, sender, recipient—to maintain control over your inventory wherever it moves.

Can asset status be updated easily? +

Yes. Update asset status—active, under maintenance, or decommissioned—manually or automatically through workflow triggers like purchases or maintenance.

Can I record warranty and insurance details? +

Yes. Store warranty and insurance information with expiry dates and get timely renewal reminders, helping you avoid unexpected costs.

Can assets be sold or retired in the system? +

Yes. Manage asset disposals or sales with proper documentation and automatic accounting entries to keep your books clean and compliant.

Are asset-specific reports available? +

Yes. Generate detailed reports on depreciation, maintenance history, transfers, and current status — giving you full visibility and control.