Fixed Asset Management Features
Every capability a modern cloud fixed-asset platform should deliver — from tagging and depreciation to physical inventory and IFRS 16 lease accounting.
Tagging and identification
- Generate and print QR and barcode labels in bulk
- Material selection by environment (indoor, industrial, outdoor, cold chain)
- Tamper-evident options for high-value assets
- Mobile app scans both QR and barcode formats
Depreciation and accounting
- Methods: straight-line, declining-balance, sum-of-years, units-of-production
- IFRS 16 lease capitalization and depreciation of right-of-use assets
- Automated monthly posting to CifraHQ or any ERP
- Change-of-estimate tracking (life, method, residual value)
- Component depreciation for complex assets
Physical inventory
- Mobile app guides location-based counts
- Reconciliation report: missing, misplaced, found
- Approval workflow for write-offs and transfers
- Integration with ERP journals for adjustments