Module · Premium

Asset Accounting

Fixed-asset lifecycle from acquisition to disposal — capitalisation, depreciation runs, transfers, and revaluation, fully integrated with the GL.

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Overview

Inside the module.

Biztimize Asset Accounting manages the complete fixed-asset lifecycle on the same ledger as the rest of your finance stack — so the asset register and the general ledger never drift apart.

What You Can Do

  • Capitalise assets from acquisitions with maker-checker approval workflows before values hit the books.
  • Run periodic depreciation that posts real GL journals automatically, with reversal support.
  • Handle transfers, disposals and revaluations with the correct gain/loss and net-book-value accounting.
  • Report the Schedule III fixed-asset schedule with openings reconstructed from posted transactions.
Key features

What you get out of the box.

01

Acquisition, capitalisation and disposal workflows

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Automated depreciation runs with GL postings

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Transfers and revaluation with gain/loss handling

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Schedule III asset schedule and CWIP ageing

Pairs with

Modules that work together.

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Module

SAMS

Systems & Applications Management Services, refers to a suite of professional services designed to oversee, optimize, and maintain business-critical IT applications & systems throughout the lifecycle.

Run Asset Accounting on your data.

We'll set up a sandbox with sample data from your industry — see it work end-to-end before committing.