New

Fixed Assets Agent

Capitalizes. Depreciates. Tracks. Disposes

Full fixed-asset lifecycle on one operating brain. Capitalization decisions (CapEx vs OpEx), depreciation schedules (straight-line, declining, units-of-production), additions, disposals, impairment testing, period-end JEs. Multi-book — local stat, IFRS, US GAAP — posted in parallel. Replaces three spreadsheets per entity.

By the numbers

Fixed Assets Agent by the numbers.

100%
Asset coverage
Multi-book
Parallel posting
Auto
Monthly depreciation
< 5 min
To activate

The use case

Capitalize every spend. Depreciate every asset. Post every book. Reconcile every period.

The fixed-asset register is supposed to be the easy part. It is not. The Excel register differs from the GL by two million euros and nobody knows when the drift started. Impairment indicators are reviewed annually — should be quarterly, but who has the time. Local stat books diverge from IFRS books and the reconciliation is manual, every period. CapEx versus OpEx classification is inconsistent across subsidiaries because the policy lives in a PDF that nobody reads.

Fixed Assets Agent runs the full lifecycle on one operating brain. CapEx versus OpEx at invoice time, depreciation across all methods, multi-book parallel posting (local stat, IFRS, US GAAP), disposal workflow with gain/loss, impairment testing automated, insurance and tax-base reports generated on demand. The register is the GL. No more reconciliation.

For who

Group Controller
Fixed asset register in Excel. Differs from GL by €2M.
Financial Controller
Impairment indicators reviewed annually. Should be quarterly.
International Controller
Local stat books diverge from IFRS books. Reconciliation manual.
CFO
CapEx vs OpEx decisions inconsistent across subs.

Capabilities

What Fixed Assets Agent actually does.

01Capability

CapEx vs OpEx Classification

At invoice time, classifies the spend as CapEx or OpEx per group capitalization policy. Surfaces edge cases (software, R&D, leasehold improvements) for controller review with policy citation attached.

02Capability

Multi-Method Depreciation

Supports straight-line, declining balance, units-of-production, and double-declining. Schedule generated per asset, per book. Mid-month and mid-period conventions handled natively.

03Capability

Multi-Book Parallel Posting

Posts depreciation, additions, and disposals to local stat, IFRS, and US GAAP books in parallel. Same asset, three books, no divergence. Reconciliation across books is automatic.

04Capability

Disposal Workflow + Gain/Loss JE

Records the disposal — sale, scrap, write-off — calculates gain or loss versus net book value, posts the JE to every book, updates the asset register. Full evidence trail retained.

ISO 27001:2022 · GDPR · EU-hosted · Full audit trails · Trust Center →

See Fixed Assets Agent on your stack.

Start free. See your first workflow run before the next quarter close.

ISO 27001
GDPR
CyberVadis
PA Certified
Peppol