Fixed Asset Management

Every asset. Full lifecycle.
Zero spreadsheets.

EnigmaERP tracks every fixed asset from purchase to retirement — with automated depreciation, instant valuations, and complete audit trails.

Asset Register

One register for your entire asset portfolio

Every asset captured with location, category, purchase details, and insurance information — structured, searchable, and audit-ready.

  • Asset categorisation with category-level depreciation defaults
  • Location and custodian tracking per asset
  • Insurance policy details and renewal date alerts
  • Asset tagging with QR codes for physical verification
Asset Register
Procurement to Asset Record

Buy an asset, the record creates itself

A purchase receipt for a capitalised item automatically creates the asset record in EnigmaERP — no double data entry, no manual bookkeeping step.

  • Purchase receipt triggers asset record creation
  • Cost, vendor, and purchase date carried over automatically
  • Asset capitalisation journal auto-posts to the GL
  • Split one purchase into multiple asset records where needed
Procurement to Asset Record
Automated Depreciation

Depreciation that posts itself, every month

Configure straight-line, written-down value, or double-declining schedules per asset category. The system posts all depreciation journal entries on schedule.

  • SLM, WDV, and double-declining balance methods supported
  • Scheduled depreciation posting — no manual intervention
  • Depreciation schedule preview for board presentations
  • Prorated depreciation in year of acquisition and retirement
Automated Depreciation
Asset Sale & Disposal

Retire an asset, accounting done in one click

Sell surplus assets with automatic journal entries for proceeds, accumulated depreciation, and gain or loss. No manual bookkeeping required.

  • Asset sale document triggers GL entries automatically
  • Gain or loss on disposal calculated and posted
  • Scrap and write-off with customisable disposal accounts
  • Partial disposal for asset components or improvements
Asset Sale & Disposal
Value Adjustment

Revalue assets the moment circumstances change

Record sudden increases or impairments instantly. Depreciation recalculates immediately from the new value — no manual schedule reworking.

  • Upward and downward revaluation with journal auto-posting
  • Depreciation schedule recalculates from the revaluation date
  • Impairment testing workflow with supporting documentation
  • Revaluation surplus/deficit posted to correct equity accounts
Value Adjustment
Asset Reports

Know exactly what your asset portfolio is worth

Identify underperforming assets, track maintenance costs, and monitor total portfolio value — all from a single reporting dashboard.

  • Asset register report with net book value per asset
  • Depreciation schedule report for auditors
  • Fully depreciated assets still in use — flag for review
  • Asset movement report: additions, disposals, and transfers
Asset Reports
🇸🇦 Engineered for Saudi Arabia — ZATCA Phase 2 GOSI VAT 15% Arabic RTL Interface

Ready to replace your asset spreadsheets?

See EnigmaERP Fixed Asset Management live with a personalised demo for your business in Jeddah.

Book a Free Demo