Frappe
ERPNext
Modules
Assets
open source fixed asset management
Manage asset lifecycle from acquisition to retirement, with ease
ERPNext makes asset management painless, from purchase to perishment, IT infrastructure to equipment. It covers every branch of your organization in one centralized system. Use the ample features packed into a single tool to manage assets better.
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Manage asset lifecycle
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Track inventory details of assets
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Procure assets in few clicks
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Sell assets
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Automate asset depreciation
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Scrap assets
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Asset value adjustment
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Asset reporting
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On-the-fly customizations
Manage asset lifecycle
ERPNext simplifies financial management with a flexible Chart of Accounts (CoA) that adapts to any business structure. The tree view feature lets you organize ledgers into parent and child nodes, making it easier to categorize and break down financial data. ERPNext also supports multi-company accounting, consolidates financials, and offers multi-currency capabilities, making it ideal for global businesses. This helps enhance data analysis, provides clear financial insights, and streamlines management across multiple entities..
Track inventory details of assets
ERPNext features integrated inventory so you can easily manage all information about an asset. Batched or serialized items? Take your pick. Scan barcodes with your device camera for blazing fast search, faster outputs, and data-driven decisions based on assets' availability, locations, and more. When an asset is purchased, the system auto-creates the asset record based on the information stored in the item master.
Procure assets in few clicks
Procuring assets is done via purchase receipts (goods received notes) or purchase invoices. The system directly creates a record for the asset, based on the information stored in the item master. Depreciation methods, schedule, insurance details and more can be updated with a few clicks. Asset procurement simplified with one-time configuration.
Sell assets
With a few clicks, you can sell assets that you no longer need. There is no overhead of maintaining accounting books, since the system will auto-create those journal entries, keeping the process quick and seamless.
Automate asset depreciation
Automated asset accounting removes the hassle of manual depreciation entries. Configure depreciation schedules for various categories of assets, and watch the software auto-calculate the depreciation amount or dates and create accounting entries.
Scrap assets
When you no longer need an asset, you can scrap it with just one click. The accounting entries are handled by our asset management software so the process always stays smooth.
Asset value adjustment
If the value of an asset increases or drops off suddenly, it can be recorded using the Asset Value Adjustment feature. The system will create journal entries (based on the re-adjustment values that were entered) and recalculate depreciation amounts.
Asset reporting
Identify bottlenecks, monitor performance, and improve service delivery with reporting features. Out-of-the-box standard reports and easy-to-build custom reports empower you with data-driven analysis for better decisions.
On-the-fly customizations
Create your own open source asset management software. Map the data you care about by adding custom fields in your forms. Then customize form behavior by auto-fetching values, hide fields based on user roles, and create custom print formats — all without a single line of code.
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Forms, reports, print formats, and dashboards
Approval workflows
Simplify with custom multi-level workflows
Roles & permissions
Granular access control to safeguard data
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