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Manage fixed assetsXero

Xero makes it easy to track fixed assets and work with your accountant to manage them, keeping your books up to date.

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Product details

Manage fixed assets easily

Xero makes it easy to track fixed assets and work with your accountant to manage them, keeping your books up to date.

Features

  • **Record and update your assets: **Track business assets such as vehicles, machinery, hardware and office equipment. - Import all your fixed assets into Xero at once to get set up - Add a fixed asset directly or create one from a bill - Update asset types, depreciation methods and default accounts
  • **Manage depreciation and disposals: **Work with your accountant or bookkeeper to manage the depreciation and disposal of your fixed assets. - Choose a method and rate to depreciate assets - Xero automatically calculates depreciation on your assets - Your advisor can run or roll back depreciation at any time
  • **Get a full picture of your finances: **Run reports and work with your advisor to see what fixed assets are on the books and their value anytime. - Run the depreciation schedule to see depreciation values - Run the disposal schedule to show assets sold or disposed - View gains, losses and depreciation recovered on disposals