Fixed Asset Management

Keep track of your fixed assets with comprehensive ERP software management

Stay on track with MYOB Advanced fixed asset management

Include fixed assets into your reporting directly from your accounts payable purchases, imported from an existing file, or individually. Once recorded, use this information to create accurate financial reports, maximise your tax benefits, and meet compliance requirements with ease.

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Multiple Depreciation Methods

Select from a variety of predefined depreciation methods or create your own to accommodate all your business requirements. Each depreciation method includes useful life and recovery periods, as well as different averaging conventions.

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Purchase Order Integration

Simplify the conversion process between purchases and fixed assets with automatic display of eligible purchases that eliminate data re-entry.

Important features of fixed asset management

Maintain multiple books for depreciation and reporting purposes that remain separate from the General Ledger.  You can also assign and report tax and fiscal years independently of your actual financial ledger.

Need to process your depreciation schedules, release transactions, convert purchases to assets, or generate fixed asset calendars? We can help. Make multiple changes to your fixed assets at once with a single entry.

Easily track assets that are rented or leased to others, and manage multiple property types, all in one place. 

Always having to enter the same asset schedule over and over? Make your entry easy by applying classes to group assets.

Choose an averaging method that works for you, with choices ranging from modified half-period through to full year and more.

Use built-in reports to drill-down to view the transaction details of each of your assets. Need to manage your asset balances? Future projections? Or depreciation transactions? We’ve got you covered.