Track Every Asset and Its Depreciation helps teams run operations workflows with clarity and control. Keep a register of vehicles, equipment, furniture, and other capital assets, run depreciation, and post it to your ledger — separate from inventory stock.
Track Every Asset and Its Depreciation
Keep a register of vehicles, equipment, furniture, and other capital assets, run depreciation, and post it to your ledger — separate from inventory stock.
What Fixed Assets does
Instead of using disconnected spreadsheets, emails, and approvals, your team works from one structured process. Core capabilities include asset register with tags and qr codes, scheduled depreciation posted to the ledger, maintenance, insurance reminders, and disposals, so operations stay consistent as the business grows.
This means leaders get better visibility, teams spend less time on manual coordination, and finance decisions are made using reliable data rather than assumptions.
What's inside
A closer look at everything Fixed Assets includes today.
Tags, scanning, and audits
NewFind an asset by typing its tag, opening a printed QR link, or scanning with your phone camera. Run asset audits to reconcile what's on the floor with the register.
Depreciation settings
NewUse category defaults or set a rate per asset; if you leave it blank, double-declining balance is used over the useful life.
- Optionally pause depreciation while an asset is out for maintenance
- Export the register and depreciation schedule
How it works in your business
Step 1: Asset register with tags and QR codes
Add assets with cost, useful life, and category. Draft assets don't depreciate or post anything until you activate them.
Step 2: Scheduled depreciation posted to the ledger
Depreciation is scheduled for every in-service asset. Your accountant posts the monthly run, and the entries land in the general ledger.
Step 3: Maintenance, insurance reminders, and disposals
Log maintenance, get reminders before maintenance or insurance is due, and record disposals with the right journal entries.
How businesses benefit
Business impact 1
Know what you own and where it is by replacing manual back-and-forth with a single workflow that is easier to monitor, easier to audit, and easier to scale.
Business impact 2
Get depreciation right without spreadsheets by replacing manual back-and-forth with a single workflow that is easier to monitor, easier to audit, and easier to scale.
Business impact 3
Have a clean register ready for auditors by replacing manual back-and-forth with a single workflow that is easier to monitor, easier to audit, and easier to scale.
Works well with
Built for growing teams
Run fixed assets with less friction and more confidence.
ParmLedger gives finance and operations teams one reliable operating layer. You spend less time fixing process gaps and more time improving profitability, compliance, and execution speed.