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.
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
The use case
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
Capabilities
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.
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.
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.
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.
Continue exploring
Auto-calculates month-end accruals from receipt history, payroll cadence, utility patterns, and recurring-service signals.
Learns your approval patterns and routes invoices to the right approver automatically, escalating exceptions in real time.
Assembles the audit document request list (PBC), pulls evidence from every system, drafts walkthroughs, reconciles GL accounts to source, hands off to auditors with full traceability.
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