Asset Management
Every asset on record, every depreciation posted
Track what you own, what it is worth and when it needs attention.
A fixed asset register that updates itself
Purchases become assets, depreciation posts on schedule and disposals are recorded properly.
Asset register
One record per asset, with location, custodian, value and documents.
Asset categories
Set depreciation method and accounts once per category.
Depreciation schedules
Straight-line and declining-balance methods, posted automatically each period.
Book and tax depreciation
Keep separate depreciation books where accounting and tax rates differ.
Purchase to asset
Convert a purchase invoice into an asset without re-entering details.
Maintenance schedules
Plan servicing and keep a maintenance history.
Asset movement
Record transfers between locations and employees.
Sale and scrap
Post disposal gains or losses to the ledger.
How Asset Management connects to the rest of ERPNext
Depreciation and disposals post to accounts automatically, and the asset register ties back to the balance sheet.
You work here: Asset Management
Purchasing
Asset purchases flow in from supplier invoices
Accounting & Finance
Depreciation posts to the ledger
Reports & Analytics
Asset value and depreciation reports
What iREX sets up for you
- Existing assets loaded with accumulated depreciation
- Categories and depreciation rates agreed with your accountant
- Tagging and custodian workflow
- Year-end asset reports in your format
Common questions
Can we keep tax depreciation separate from book depreciation?
Yes. ERPNext can hold more than one depreciation book per asset. We set it up with your accountant.
We set it up with you
An iREX consultant configures this module around your company, your items and your accounts, then trains your team to run it.
- Import items, parties and opening balances from Excel
- Setup that follows your branches, roles and approval rules
- A named consultant to call when you need help
Trusted by 10+ businesses
10+ businesses across Pakistan run their daily operations on ERPNext set up by iREX.
Book a free consultation
Let's see if ERPNext fits your business
A 30-minute call to understand how your business runs today and what ERPNext should do for it. You leave with a clear scope, a rough timeline and a quote range.
10+ businesses run on ERPNext with iREX. Remote support Monday to Saturday, 10 AM to 7 PM (PKT).