Fixed Assets Module

The Fixed Assets module helps you manage your organization's fixed assets, track their values over time, and handle asset-related transactions like depreciation and disposals.

Main Features of the Fixed Assets Module

• Fixed Assets: Define and manage your fixed assets with details like acquisition cost, depreciations, and useful life.
• Asset Transactions: Handle various asset-related operations:
  • Asset Acquisition: Record new asset purchases or additions
  • Asset Depreciation: Calculate and record periodic depreciation

Interactions with Other Modules

This module interacts with the following core modules:

• Purchasing: via asset acquisition costs logged in purchasing invoices.
• Accounting: via chart of accounts and acquisition costs logged in journal entries.
• Organization settings: to determine form defaults for the module, transaction counters, transaction locks, and other features & settings.

Planned Features for the Fixed Assets Module not yet Available

The assets module in Mezan is currently a lightweight version of a full fixed asset management system. The following features are planned for the future to make it more complete:

• Asset Disposal: Record the sale or write-off of assets
• Asset Quantities: Track asset quantities, not just values
• Asset Coding Utilities: Generate and manage asset barcodes & labels to facilitate easier physical asset tracking
• Asset Locations: Track asset locations
• Asset Custodians: Track who the asset is assigned to, incase it is assigned to a specific person or department

We don't currently have a timeline for when these features will be available, we will update this page when we do. Please feel free to reach out and share your feedback and suggestions on the assets module.