ERPNext Asset Management helps businesses record, track and manage fixed assets from purchase and capitalisation through allocation, maintenance, depreciation and disposal. It provides clear visibility into the location, custodian, value and operating condition of assets while keeping the corresponding accounting entries connected with the asset lifecycle.

Asset Register

Create a Centralised Asset Register

Maintain complete details of machinery, vehicles, computers, furniture, equipment and other business assets.

Classify assets by category and location

Record purchase value and available-for-use date

Assign assets to departments and custodians

Allocation

Track Asset Allocation and Movement

Know where each asset is located and who is responsible for it throughout its operational life.

Assign assets to employees or departments

Record transfers between locations

Maintain an auditable movement history

Depreciation

Automate Depreciation

Configure depreciation rules and automatically generate schedules based on the organisation's accounting policies.

Support multiple depreciation methods

Configure useful life and residual value

Maintain separate schedules through Finance Books

Maintenance

Plan Maintenance and Repairs

Schedule preventive maintenance and retain a complete history of services, repairs and downtime.

Create maintenance schedules

Assign responsible maintenance teams

Record repairs and maintenance logs

Disposal

Manage Capitalisation and Disposal

Handle asset value adjustments, composite asset capitalisation and final disposal through structured workflows.

Capitalise purchased or internally created assets

Record value adjustments

Sell or scrap assets with accounting integration

At a Glance

ERPNext connects each asset with its purchase value, location, custodian, depreciation schedule, maintenance history and eventual disposal.

Ready to take control of your assets?

Let Wahni set up ERPNext Asset Management around your organisation's asset categories and policies.