Every fixed asset, from acquisition to disposal.
Zinye ERP tracks each fixed asset through its full life cycle — purchase, depreciation, revaluation, repair, and disposal — with every entry posting automatically to the accounts.
"Fixed asset registers live in spreadsheets, depreciation is calculated manually and posted as a lump-sum journal, and nobody knows which assets have been moved, repaired, or written off until the auditors ask."
What assets does in Zinye ERP
Asset register
Maintain a record per asset with item, category, location, custodian, department, supplier, and insurance details — the single point of truth for the fixed asset register.
Multi-method depreciation
Define depreciation schedules per finance book using Straight-Line, Double Declining Balance, Written Down Value, or Manual methods; the system posts each depreciation entry automatically on the due date.
Finance book support
Maintain separate depreciation schedules per finance book so an asset can have different book and tax depreciation rates simultaneously, without duplicate records.
Asset capitalisation
Convert stock items, existing assets, and service charges into a new capitalised asset through an Asset Capitalisation record, with the combined value posted to the asset account.
Asset value adjustment
Revalue an asset upward or downward with an Asset Value Adjustment record that posts the difference to the correct revaluation reserve or impairment account automatically.
Asset movement tracking
Record every change of location, custodian, or company with a purpose-coded Asset Movement entry so the register always reflects where an asset physically is.
Asset repair management
Log repair events with failure date, repair cost, downtime, and spare parts consumed; optionally capitalise the repair cost to extend the asset's book value and useful life.
Asset maintenance scheduling
Define maintenance tasks per asset with frequency, assigned team member, and next due date; the Asset Maintenance report surfaces overdue tasks before they become failures.
Asset disposal & scrapping
Dispose of an asset through a journal entry for scrap or sale; the remaining book value and any gain or loss post to the configured accounts and the asset's status updates to 'Scrapped' or 'Sold'.
Location hierarchy
Structure asset locations in a tree of sites, buildings, and rooms; each asset links to a node so physical audits can be run by location.
Depreciation schedule preview
View the full depreciation schedule for an asset before submitting, showing the posting date and depreciation amount for every future period.
The documents you work in
- AssetMaster record for a fixed asset: item, category, location, custodian, depreciation method, and current book value across one or more finance books.
- Asset CapitalisationCombines stock items, existing assets, and service costs into a new capitalised asset with a single composite cost.
- Asset Value AdjustmentRecords an upward revaluation or impairment to an asset's carrying value and posts the difference to the appropriate ledger account.
- Asset MovementTracks a change of location, custodian, or company for one or more assets, maintaining an auditable movement history.
- Asset RepairDocuments a repair event with cost, downtime, consumed items, and optionally capitalises the expense to extend book value.
- Asset MaintenanceDefines the maintenance schedule for an asset with tasks, frequencies, and responsible team members.
Answers, without exports
- Fixed Asset RegisterLists every asset with category, cost, accumulated depreciation, and current book value — the core statutory fixed-asset schedule.
- Asset MaintenanceShows maintenance tasks per asset with last completion date, next due date, assigned person, and current status to surface overdue items.
- Asset ActivityAudit log of every event on each asset — acquisition, movement, depreciation, repair, adjustment, and disposal — in chronological order.
One system, one ledger
Run your whole company on one ledger.
14 days free. No credit card. All modules included.