Manage Assets Efficiently with ERPNext

Track, maintain, and depreciate your assets with ease. ERPNext’s Assets module helps businesses manage their fixed assets from purchase to disposal — ensuring compliance and financial accuracy.

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What is the Assets Module in ERPNext?

The Assets module in ERPNext enables organizations to manage the entire lifecycle of fixed assets. From acquisition and depreciation to maintenance and disposal, everything is automated and integrated with accounting for real-time financial visibility.

Key Asset Management Features in ERPNext

Everything you need to manage your company’s assets in one place.

Asset Register

Maintain a centralized record of all company-owned assets with purchase details, location, and ownership.

Automated Depreciation

Calculate depreciation automatically using Straight Line or Double Declining Balance methods.

Asset Value Adjustment

Adjust asset value for revaluation, impairment, or write-off — fully integrated with accounting entries.

Asset Maintenance

Schedule preventive maintenance and track repairs to extend asset lifespan.

Asset Transfer

Track transfers of assets between departments, locations, or cost centers with full audit logs.

Asset Disposal

Dispose or sell assets with automated accounting entries for gain or loss calculation.

Best Practices for Asset Management

Ensure compliance and maximize asset utilization with these practices:

✔ Maintain an up-to-date asset register with complete details.
✔ Automate depreciation schedules for accuracy and compliance.
✔ Track maintenance activities to reduce downtime.
✔ Review asset value adjustments periodically.
✔ Monitor asset disposals and integrate with financial reporting.

Need Help with Asset Management Setup?

Our ERPNext experts can configure asset categories, depreciation schedules, and workflows tailored to your business.

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