The Fixed Assets module manages the complete lifecycle of your assets—
from acquisition and capitalization, through depreciation and transfers,
all the way to retirements/disposals.
It centralizes master data (asset groups, locations, responsible employee, cost centers),
ensures compliance with accounting standards, and provides traceability for audits.
Configure asset master records with useful details such as depreciation method,
useful life, salvage value, location, and financial attributes.
Use operational screens to load opening balances and keep the book value aligned
with your general ledger.
Built-in reports (asset register, depreciation, and status snapshots) give you a
real-time view of counts, locations, and book values—so you can govern spending, plan replacements,
and pass audits with confidence.
The Fixed Assets module in Microtec ERP streamlines registering assets, assigning them to locations and cost centers, and calculating depreciation based on the selected method. It also supports loading opening balances when you start on a new year or migrate systems.