Fixed assets
Every asset on record, depreciated in one click, in the books
Fixed assets in one picture
Follow the data from what you enter to what you get back. Every step below happens inside StartERP, with nothing to retype.
- Asset cost and date
- Category and method
- Location and custodian
Fixed assets
- Works out depreciation
- Posts it monthly
- Books gain or loss on sale
- Asset register
- Book value each month
- Audit-ready report
Asset values right, audit made easy
Start using Fixed assets in 3 steps
The same three steps wait for you as a checklist on the module's first screen, and most tick themselves as you do them.
- Step 1
Set asset categories
Method, life and accounts once.
- Step 2
Add an asset
Name, category, cost and start date.
- Step 3
Run depreciation
Preview, then post the month in one click.
Add it when you sign up, or any time later from Subscription & billing.
What it does for your business
Set up your asset categories once: the method (straight line or declining balance), the usual life in months, the yearly rate and the salvage share, and the ledger accounts come with them. Add an asset in a few fields: name, category, cost and start date; the tag, serial number, location, custodian, vendor and invoice are there for the audit, and a purchase paid in cash or by bank is posted at once. The schedule shows every month's charge and book value from day one. Run depreciation for the month in one click: the preview lists every asset, the months it catches up and the amount, then the run posts depreciation expense against accumulated depreciation per category; the latest run can be reversed. Opening balances carry an old register in: tell the asset how much was already depreciated and through which month. Sell or scrap an asset and the gain or loss is booked by itself. The report shows cost, accumulated depreciation and book value by category, what the next run will charge, the fully depreciated assets and the disposals.
Categories carry the method, life, rate, salvage share and ledger accounts; an asset needs four fields
Straight line or declining balance, a schedule from day one, opening balances from your old register
A monthly run with a preview, catch-up of missed months and a reversal of the latest run
Purchases, depreciation and disposals posted to the ledger; gain or loss booked by itself
Inside the module
Real screens from a StartERP demo store. Tap a screen to see it full size.
Step-by-step guides
- Asset registerEvery fixed asset of the store with its cost, the depreciation charged so far and its book value. An asset takes its method, life, rate and salvage from its category unless you set its own; an asset carried in from an old register keeps the depreciation already charged and the month it was charged through. Buying for cash or by bank posts the purchase to the ledger; the month-by-month schedule shows what each run will post. An asset is disposed with its proceeds, and the gain or loss is posted. Part of the Fixed assets add-on.
- Asset categoriesThe kinds of asset and how each depreciates: the method (straight line or declining balance), the life in months, the yearly rate for declining balance and the salvage share of the cost. Each category gets its own asset, accumulated depreciation and expense accounts in the ledger, named after it. Presets cover computers, furniture, vehicles, machinery and buildings. Part of the Fixed assets add-on.
- Depreciation runsOne run a month posts every active asset's depreciation: Depreciation expense against each category's accumulated depreciation, and the assets move on. Run depreciation shows the lines, the total and the split by category before you post; a month already posted or in the future is refused. Only the latest run can be reversed, which undoes its postings and puts the assets back. Part of the Fixed assets add-on.
- Asset register reportWhat the active assets cost, what has been depreciated and what they are still worth, by category and in total; the next monthly charge, the depreciation posted this year, the fully depreciated assets and the year's disposals with their proceeds and gain or loss. Part of the Fixed assets add-on.
Frequently asked questions
Is Fixed assets included in StartERP?
Fixed assets is an add-on module. Add it when you sign up or any time later from Subscription & billing, and pay only for the modules you use.
Can I try Fixed assets before I pay?
Yes. Open a demo store for your business type to use it with sample data, or start the 15-day free trial with your own data. No card is needed.
Does Fixed assets work in Arabic and on a phone?
Yes. Every StartERP screen works in Arabic and English, on a computer, tablet or phone, and users and devices are unlimited.
Start selling with a ZATCA-ready POS today
Prices on request: pick the modules your business needs and we will email you a quote. Subscribe or buy the licence once. Unlimited users and devices. Every store starts with a 15-day free trial.
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