Free Fixed Asset Management Software

One place for every asset -- cost, purchase date, useful life, salvage value, category, serial, and location -- with its running book value and accumulated depreciation kept up to date.

Group assets into categories that carry default GL accounts and default method, life, and salvage -- so a new asset inherits the right setup automatically.

Straight-line, declining-balance, or written-down-value depreciation with salvage handling. Every asset gets a persisted forward schedule you can see period by period, with each period marked posted, due, or future.

When enabled by an admin, each period's depreciation posts to the Accounting general ledger as a balanced journal entry (debit depreciation expense, credit accumulated depreciation). Post one period, or post every period that's due through today in a single click — re-running is always safe and period-lock aware.

Scrap or sell an asset and post the disposal to the ledger -- removing the asset at cost, clearing its accumulated depreciation, and booking the gain or loss against the proceeds.

Assign an asset to a location and a custodian, then move or re-assign it as it changes hands -- with a full movement history on each asset. Structured locations, cost center, and department round out a living register.

Record a new fair value for an asset. A higher value posts a balanced revaluation to your equity reserve; a lower value books an impairment loss. The carrying value and depreciation schedule update automatically, with a full adjustment history.

Pick the accounts assets post to in Assets settings, as a category's defaults, or on a single asset -- from pickers that offer only fitting, active accounts from your chart (or leave them to be found automatically). Each asset keeps the accumulated-depreciation account its first depreciation posted to, and changing an account that still holds value asks first and says which transfer to post.