Fixed Asset Management

End-to-End Lifecycle Management for Plant, Property and Equipment

NetSuite Fixed Asset Management offers you a single version of truth for your fixed assets. The asset management software allows you to maintain and control the entire lifecycle across depreciating or non-depreciating assets from creation to depreciation, revaluation and disposal. NetSuite asset management software supports detailed asset management, including maintenance schedules and insurance, while providing close integration that creates accounting entries and fixed assets from purchases ensuring that the data is always presented accurately on the financial statements.


Flexible Depreciation Management

Depreciation scheduling leveraging the appropriate standard methods (e.g., straight-line, fixed declining, sum-of-the-years-digit, etc.).

Fixed Asset Rollforward

Complete out-of-the-box asset summary reporting to show opening balances, changes during the period and closing balances.

Workflow Management

Integrated workflow capabilities to support the entire asset lifecycle from asset purchase to retirement, end-to-end.

Integrated Financial Reporting

Drill-down capabilities to see the underlying detail from the financial statements to the according fixed asset transaction, valuation and depreciation across multiple locations, subsidiaries, asset types and more.