What is fixed asset management software?
Fixed asset management software keeps a complete record of the equipment, vehicles, vessels, buildings and IT your business owns, and calculates their depreciation. In eVitalyst every asset has one record from acquisition to disposal, linked to the purchase that created it and the ledger it posts to.
Asset groups carry your depreciation policies, so similar assets are always treated the same way. Depreciation runs post straight to the general ledger, and transfers between locations or companies, additions and disposals keep the register and the balance sheet in agreement.
Fixed Assets features
Keep a complete register of every asset, from acquisition through depreciation, transfer and disposal. Depreciation runs post straight to the ledger, and asset groups keep policies consistent.
Asset Register
Every asset with its code, description, location, custodian, cost, purchase date and supporting documents.
Asset Groups
Group assets by type with default accounts, useful life and depreciation method, so policies stay consistent.
Depreciation Setup
Straight-line or other methods, useful lives and salvage values defined per group or per asset.
Depreciation Processing
Run depreciation by period and post it to the ledger automatically, with a preview before posting.
Additions & Transfers
Capitalise additions and move assets between locations, departments or companies with a full history.
Disposals
Record sales, scrapping and write-offs, with gain or loss on disposal calculated and posted.
Customer Assets
Track assets you have delivered to or hold for customers, such as equipment on site.
Asset Reports
Asset register, depreciation schedules, net book value and movement reports by group, location or company.
Why businesses choose eVitalyst Fixed Assets
One reliable register
Every asset, its location and its value in one place.
Depreciation without spreadsheets
Runs post to the ledger in a few clicks.
Register and ledger agree
Additions, transfers and disposals update both at once.
Full history
See everything that happened to an asset since it was bought.
Who uses Fixed Assets
- Accountants: Run depreciation and reconcile the asset accounts.
- Operations and facilities: Know where each asset is and who is responsible for it.
- Auditors: Verify the register against the ledger and physical counts.
Built for the UAE and GCC
For UAE businesses, the asset register supports the fixed-asset information you need for financial statements and corporate tax records, with assets tracked per legal entity and location.
Part of the Finance flow
Control finance end to end, from ledger to compliance.
- 01
Record
Sales, purchasing, payroll and projects post to the ledger automatically.
- 02
Control
Budgets, approvals and matching keep spending within policy.
- 03
Close
Schedules, bank and period close finish month-end on time.
- 04
Report
Statements, VAT returns and dashboards are ready when you are.
Ask AI about your Fixed Assets data
Your Fixed Assets data data is already in eVitalyst. Ask questions in plain language, build dashboards without a developer and get insights while you enter data.
Fixed Assets, answered
What does fixed asset management software do?
It keeps a register of everything you own, calculates depreciation and records transfers and disposals, so the balance sheet reflects the real value of your assets.
Does depreciation post to the ledger automatically?
Yes. Depreciation runs by period and posts to the general ledger, with a preview before posting.
Can assets move between companies or locations?
Yes. Transfers keep the asset history and update the relevant accounts.
How are disposals handled?
Record the sale or write-off and eVitalyst calculates and posts the gain or loss on disposal.
Can I link maintenance to assets?
Yes. Assets connect with maintenance modules such as Marine PMS, so costs and history stay together.
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ExploreReady to add Fixed Assets?
See it with your own processes, or add it to your eVitalyst today.