TechoERP's asset software enables businesses to track their assets with ease.
The software allows businesses to record important information about each asset, such as its purchase date,
location, and value. This information can be used to track asset depreciation and ensure that assets are being
Asset maintenance is carried out either through a specific EAM application or
as a module included into enterprise resource planning (ERP) software. With TechoERP's asset software,
businesses can schedule maintenance and repair tasks for their assets.
In the given date range, this report displays the Purchase Amount, Depreciated
Amount, and Cumulative Total Depreciation for all Assets. Additionally, it displays the Asset's current value
and depreciation status.Based on asset category, this report displays the price of buying, selling, and
scrapping every asset.
Multiple depreciation schedules are created for various finance books. To
calculate an asset's depreciation and add entries to the asset record's depreciation table, you must click the
"Calculate Depreciation" checkbox when creating the asset.
When an asset reaches the end of its useful life, TechoERP's asset software
makes it easy for businesses to dispose of it properly. The software tracks disposal information, such as the
date of disposal and the method used, to ensure compliance with regulatory requirements.
Reporting and Analytics
TechoERP's asset software provides businesses with powerful reporting and
analytics tools. This enables businesses to generate reports on asset value, depreciation, maintenance costs,
and more, providing valuable insights into their asset management practices.