Asset Lifecycle
Track assets from acquisition to disposal
Asset Lifecycle
Track assets through their complete lifecycle from purchase to disposal.
Asset Lifecycle
Acquisition
Record new assets and initial values
Depreciation
Calculate periodic depreciation
Maintenance
RoadmapTrack repairs and maintenance history
Disposal
Process asset retirement or sale
Acquisition
Record new assets with:
- Purchase date and cost
- Asset category assignment
- Location and responsible person
- Useful life and depreciation method
Depreciation
Supported depreciation methods:
- Straight-line depreciation
- Declining balance
- Units of production
Disposal
Process asset retirement:
- Record disposal date and reason
- Calculate gain or loss on disposal
- Generate accounting entries
- Update asset register