ERPNext v16 · Assets
ERPNext Assets and depreciation
Fixed assets registered, depreciated and maintained in ERPNext, including separate books for tax and accounting where you need them.
The ERPNext Assets flow
The standard v16 document flow we configure, test and train your team on.
- Step 1Purchase Invoice
- Step 2Asset
- Step 3Depreciation Schedule
- Step 4Asset Maintenance
- Step 5Asset Movement
What we configure
Your scope decides which of these apply. Nothing is configured that you did not sign off.
- Asset categories
- Depreciation schedules
- Straight-line depreciation schedule
- Written-down-value depreciation
- Finance books with separate depreciation
- Asset maintenance plans and logs
ERPNext Assets FAQ
Which depreciation methods are supported?
Straight line and written-down value, with finance books for different tax and accounting rules.
Can we schedule maintenance?
Yes. Asset maintenance plans create tasks and logs per asset.
Can we migrate existing assets?
Yes. Existing assets are imported with accumulated depreciation as of the go-live date.