Track every asset from acquisition to disposal
Complete fixed-asset lifecycle management — capitalisation, depreciation scheduling, revaluation, and disposal with automatic journal entries.
What it does
The CAPEX module manages the full lifecycle of capital expenditure — from budget approval and vendor payment through asset capitalisation, depreciation, and eventual disposal.
Both SLM and WDV depreciation methods are supported. Every depreciation run, revaluation, and disposal posts automatically to the general ledger with zero manual journal entries.
Key capabilities
Asset register & tagging
Centralised asset register with location, custodian, category, and physical tag tracking. Barcode and QR scanning supported.
SLM & WDV depreciation
Automated depreciation runs using Straight-Line or Written-Down Value methods. Schedule configurable per asset class.
Revaluation & impairment
Asset revaluation with automatic adjustment entries. Impairment testing and write-down workflows included.
Disposal & write-off journals
Structured disposal workflow with gain/loss computation and automatic journal entries to the GL.
CAPEX budget tracking
Track capital expenditure against approved budgets. WIP capitalisation and project-to-asset conversion built in.
Physical verification support
Generate verification checklists, record physical audit results, and reconcile against the asset register.