Fixed asset
management
from purchase to disposal.
Fixed asset software for UK finance teams: register assets from purchase receipts, route costs through CWIP, run asset depreciation software schedules, and close the books on sale or scrap — all linked to the general ledger.
Built for organisations that need proper fixed asset management without spreadsheets. SolutionsERP ties Purchasing, Accounts, Inventory, and Maintenance into one asset register — with automatic card creation, finance books, composite capitalisation, and audit-ready movement history.
Mark the item as Fixed Asset on the purchase order — receipt can auto-create individual asset cards per unit.
Fixed asset software: from
invoice to asset card.
A fixed asset starts as an Item flagged Is Fixed Asset — no stock ledger. On Purchase Receipt or Purchase Invoice, specify location; with Auto Create Assets on Purchase, five laptops become five separate asset records automatically.
Asset Category defaults Fixed Asset, Accumulated Depreciation, Depreciation Expense, and CWIP accounts per class — e.g. Electronic Equipment.- Asset Received But Not Billed Posted on receipt, cleared when the purchase invoice is submitted — proper accrual matching.
Business benefit: One flow from supplier to fixed asset register and GL — no re-keying from invoice to spreadsheet.
Tap a CWIP stage
Sample schedule · £87.50 / month
Asset depreciation software with
finance books.
Enable Calculate Depreciation on the asset — SolutionsERP builds a schedule with date, amount, posted amount, and linked Journal Entry. Methods include Straight Line, Written Down Value, Double Declining Balance, and Manual.
Depreciation method (tap):
Business benefit: Align with your financial year and standards — pro-rata from Available-for-Use, fewer manual journal entries at month-end.
Bring legacy assets into
fixed asset management.
At go-live, choose asset type Existing Asset and enter purchase value, purchase date, Available-for-Use Date, opening accumulated depreciation, and the number of depreciation entries already posted. Flag Is Fully Depreciated where applicable.
SolutionsERP calculates the remaining depreciation schedule — you do not restart from zero. Ideal when moving from a legacy ERP or spreadsheet-based fixed asset management without double-charging depreciation in year one.
Business benefit: Fast cutover with accurate net book value and a forward-looking schedule from day one.
Tap each migration field
Import existing assets with opening balances — scheduler picks up from the next due period.
“Fixed assets often arrive on a Purchase Receipt — flag the item as Fixed Asset on the order and Purchasing can auto-create individual asset cards per unit. See how buying feeds the register.”
Explore Purchasing
Composite assets via
Asset Capitalization.
Build a Composite Asset — production line, IT suite, or fit-out — from stock components, service costs, and existing assets. Stock is consumed, CWIP or fixed asset accounts update, and GL entries post on submit.
Stock + services + assets Conveyor, motor, panel from inventory plus installation labour → one target asset.
WIP Composite Asset Link purchase lines to a work-in-progress composite, then finalise through Asset Capitalization.
Business benefit: True CAPEX value for complex investments — not just the first invoice for a single line item.
Track movement,
maintenance & cover.
Asset Movement handles location transfers and issue/receipt between custodians — bulk updates from the asset list. Asset Maintenance schedules preventive and calibration work with team assignment, maintenance logs, and ToDo tasks.
Insurer, policy value & renewal dates on the assetBusiness benefit: Answer “who has the laptop” instantly — plan calibration visits and keep insurance details beside the register.
Sell or scrap with
correct GL.
Sell Asset raises a Sales Invoice and posts journal entries for receivables, fixed asset removal, accumulated depreciation, and gain or loss on disposal. Scrap Asset retires the asset with back-dated rules relative to the last depreciation entry.
Restore Asset if scrapped in errorBusiness benefit: Close net book value correctly on sale or write-off — linked to Accounts and optional Selling module.
Register, depreciate, dispose —
on SolutionsERP.
Fixed asset software connects Accounting, Purchasing, Inventory, Sales, and Maintenance — with reporting across the full asset lifecycle.
