Fixed Assets Management in Acumatica

Whether you drive it, work in it, lease it, or rely on it to make products, your fixed assets are critical to your organization. But alongside the significant investment comes the process of managing, accounting for, and tracking the depreciation of said asset.

The ability to manage an asset affects everything from profitability to tax management, and often, trying to make sense of depreciation without the right tools in place can leave more questions than answers. Luckily, the right solution can help you eliminate headaches, manage the entire asset lifecycle, access information when you need it, and automate the entry, depreciation schedules, and workflow.

Depreciate with Ease: Why Acumatica for Fixed Assets Management?

Built in the cloud and ready to work with the rest of the ERP solution, Fixed Asset Management in Acumatica maintains depreciation schedules for assets that you own, rent, or lease. Allowing you to easily add assets from purchases and set up depreciation schedules, this product helps you make more out of long-term purchases.

Configured and implemented by the Donas Group, Acumatica’s Fixed Asset solution delivers a wide range of benefits for your company:

  • Depreciation on Your Terms: Choose from a large inventory of predefined depreciation schedules or create your own. With Acumatica, you can easily set up an asset for accelerated cost recovery system (ACRS), modified ACRS, straight-line, declining-balance, sum of years’ digits, remaining value, flat rate, and more.
  • Easily Set Up New Assets: By leveraging Acumatica’s powerful integration, you can get from purchase to tracking with ease. Easily convert purchases into fixed assets without re-entering data. Eligible purchases are automatically displayed to simplify the conversion process.
  • Set Yourself Up for Tax Benefits: The right depreciation schedule can help you limit your tax liability. Fixed Assets works with Tax Management to help you take advantage of multiple depreciation books, multiple calendars, special depreciation bonuses, and tax benefit recapture capabilities.

Watch our Acumatica demo to learn more.

Key Features of Acumatica Fixed Assets

Ready to help you manage assets at your facility or on the other side of the world, Acumatica Fixed Asset Management is built to give you control. Here are just some of the features behind this:

Multiple Depreciation Books

Keep your depreciation books from interfering with GL books. With multiple depreciation books, you can create multiple depreciation books for tax and reporting purposes without updating the general ledger.


Wide Selection of Asset Types and Classes

Manage multiple property types, including owned property, leases, rentals, and granted property. Track assets that are leased or rented to others. Group certain assets into classes for even more control.


Multiple Averaging Options

Get the most out of your depreciation timing with multiple averaging options. This allows you to select from different averaging methods such as full period, mid-period, next period, modified half period, full quarter, full year, and full day.

Bulk Changes

If you need to make a lot of changes to a lot of assets, Fixed Asset Tools offer a wide variety of options including depreciation schedule processing, releasing fixed asset transactions, converting purchases to fixed assets, and generating fixed asset calendars.

Fixed Assets under Construction

Plan for your assets before they are in use. When tracking assets under construction, costs are accumulated in a dedicated fixed asset under construction asset account until transferred to the fixed asset account when the asset is completed.

Section 179 Support

Sometimes it pays to expense your asset. Acumatica fixed assets supports calculations required under IRS Section 179 for reduced first-year depreciable basis. Process reversals after early asset disposal.

Acumatica has made our financial systems much more efficient. It provides us one integrated system with accurate sales and revenue information providing detailed financial reports that will allow us to accelerate our growth.

– Christy Lin, Operation Director of Antenova Limited

Get to Know Acumatica Financial Management and The Donas Group

Built to integrate with a variety of applications—whether they are made by Acumatica or a third-party vendor—Acumatica’s financial management functionality delivers a strong backbone for your business. As a leading provider of this usable and functional application, The Donas Group can help you make the most of your journey to the cloud. Get to know more about our work and contact us for a free consultation.