Acumatica Fixed Asset Management
How Acumatica Fixed Asset Management can Work for You
Maintain complete visibility of fixed assets and depreciation calculations. Add fixed assets directly from Accounts Payable purchases, import from a file, or input add individually. Select from a large inventory of pre-defined depreciation schedules or create custom schedules for accurate accounting and reporting. Track tax and reporting scenarios independent of General Ledger postings.
Key Benefits of Acumatica Fixed Asset Management for Your Company
Multiple Depreciation Methods
Choose from a large inventory of predefined depreciation schedules or create your own. Accommodate accelerated cost recovery system (ACRS), modified ACRS, straight-line, declining-balance, sum of years’ digits, remaining value, flat rate, units of production, and other methods. Each depreciation method can include different averaging conventions as well as useful life and recovery periods.
Purchase Order Integration
Easily convert purchases into fixed assets without re-entering data. Eligible purchases are automatically displayed to simplify the conversion process.
Tax Benefit Support
Take advantage of multiple depreciation books, multiple calendars, special depreciation bonuses, and tax benefit recapture capabilities to accurately comply with complex tax rules.
Highlighted Features: Acumatica Fixed Asset Management
Multiple Depreciation Books
Create multiple depreciation books tax and reporting purposes that do not update the general ledger. Assign tax and reporting fiscal years that are independent of your actual financial ledger.
Multiple Asset Types
Manage multiple property types including owned property, leases, rentals, and granted property. Track assets that are leased or rented to others.
Multiple Averaging Options
Select different averaging methods including full period, mid-period, next period, modified half period, full quarter, full year, full day, and more.
Fixed Asset Tools
Fixed Asset Classes
Acumatica Cloud ERP Suites
Financial Management Suite
A powerful set of financial applications used by almost every organization, no matter how complex or simple requirements are. Bring rigor to business processes in a user-friendly way.
Distribution Management Suite
Works together with the Financial Management Suite as a full distribution solution. Starting from the requisition process to purchasing, order management, inventory tracking, automated inventory replenishment suggestions, and more.
Customer Management Suite
Fully integrated with the Financial Management and Distribution Management Suites, the Customer Management Suite fosters a team approach. Dashboards and reports provide real-time sales data to accurately manage forecasts, quotas, and results.
Project Accounting Suite
With the Project Accounting Suite, deliver on project objectives on time and on budget. Manage complex reporting requirements. Include projects in company-wide financial reports.