Every asset, from
purchase to retirement.
Fixed Assets is the single register for everything your company owns and depreciates — plant, machinery, buildings, vehicles, IT and tools. It carries each asset from capitalization through its working life to disposal, keeping the book value finance reports and the physical asset on the floor as the same record. Most ERPs split the asset's purchase, its accounting and its retirement across three disconnected places; Compreo runs them as one.
A register that matches
the books to the floor
An asset usually begins life as a PR, an RFQ and a GRN in procurement, and ends as a journal entry years later. In between, finance needs its book value to be right every period, and operations needs to know where it physically sits.
Fixed Assets holds both — the accounting view and the location view — on one record, so a transfer between plants, a revaluation, or a write-off never leaves the register and the ledger disagreeing.
- Asset master — class, capitalization date, useful life, location and custodian
- Capitalization — turns approved capital spend and GRN receipts into a booked asset
- Depreciation — scheduled runs by method, with the posting back to FI
- Revaluation — adjust carrying value with a controlled, auditable entry
- Transfer — move an asset between cost centres, locations or projects
- Disposal — sale, scrap or write-off, with gain or loss calculated and posted
What Fixed Assets handles
Six things every asset needs across its life — each one tied back to the document it came from and posted to the ledger without re-keying.
Capitalize from real spend
Assets are capitalized straight from approved capital purchases and project costs — no re-keying values from a spreadsheet. The capitalization date, cost and depreciation start are carried from the source documents, so the booked value ties back to the GRN and invoice it came from.
Run depreciation, post once
Schedule depreciation by class and method, run it per period, and let the result post to the ledger in one step. Each run is repeatable and reversible before close, so finance can review the impact before it lands in FI.
Revalue with an audit trail
When carrying value changes, revaluation records the adjustment, the reason and the approver. The before-and-after value stays on the asset record — nothing is overwritten silently.
Transfer without losing history
A transfer moves an asset to a new cost centre, location, custodian or project while keeping its full history, accumulated depreciation and remaining life intact. The register always shows where every asset is today.
Retire cleanly
On disposal — sale, scrap or write-off — the gain or loss is calculated against net book value and posted automatically. The asset leaves the active register but stays fully traceable for audit.
One register, audit-ready
Every action on an asset — capitalize, depreciate, revalue, transfer, retire — is recorded against it with date, value and user. Period-end reconciliation between the asset register and the general ledger stops being a manual exercise.
Where Fixed Assets shows up
Nobody sets out to "use the FA module." They want a new machine on the books, a clean depreciation run, or an asset retired without a reconciliation headache. Fixed Assets does that work as a participant inside the flows your teams already run.
Acquire-to-Retire
The full life of a capital asset, from purchase to disposal — FA is the spine.
See the process →Record-to-Report
Depreciation and asset values flow into period-end close and the ledger.
See the process →What changes
See your asset register on Compreo.
Bring one asset class — its capitalization, depreciation and disposal — and watch it run end to end on your own data.