Finance & Depreciation
Depreciation, Valuations and the Real Cost of Ownership
Depreciation runs itself, and you can see what each asset has actually cost you since day one.
Maintenance knows what breaks and finance knows what things are worth, and usually neither has the other half. Keeping both on one record means the numbers agree without a reconciliation exercise.
Total cost of ownership adds up the purchase price, every repair bill, spares used and contract charges. Written-down values stay current, which makes insurance renewals and year-end far less painful.
What You Get
The four things this module handles for you day to day.
Both Depreciation Methods
Straight-line and written-down value calculated side by side, per your accounting policy.
What It Has Cost So Far
Purchase price plus repairs, spares and contracts, totalled per asset and per site.
Tag Spending to a Fund
Link equipment to the grant, project or budget head it was originally bought against.
What It Is Worth Now
An estimated resale value before you auction, trade in or scrap an item.
How an Asset Moves Through the System
The same eight steps, whatever the asset is.
Documented APIs
Read and write asset data from your ERP, CRM or in-house tools.
Single Sign-On
Azure AD, Okta, Google Workspace and SAML. Government users can use Parichay.
Access Control
Permissions by site, department, cost centre or asset category.
Audit Logging
Every action recorded with the user and timestamp, and cannot be edited after.
Mobile Apps
Android and iOS apps that keep working with no network and sync later.
Where It Runs
Our cloud, your private cloud, or your own servers on site.
Q.Can the depreciation output go straight into Tally or SAP?
Yes. Connectors post the depreciation and valuation entries into your accounting package, so nobody has to key them in twice.
Other Modules You Might Add
Asset Registry
Give every asset a unique tag and one record, across every plant, office and site you run.
Asset Lifecycle Management
Follow one asset through all eight stages, with approvals and finance entries handled along the way.
Procurement & Goods Receipt
Goods received today are tagged today, with warranty dates and vendor terms already attached.