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"Track everything from tractors to trinkets" keep a close eye on all sorts of assets, regardless of their size, type, or value. Whether they are large-scale equipment like tractors, or small business items like cell-phones.
Our belief is that improved asset tracking results in enhanced business performance. By keeping track of your assets, maintaining their condition, knowing their location, and preventing losses and damages, you can optimize your business operations and achieve better outcomes.
With the CustomBooks™ Asset Tracker, you have the option to create a personalized Depreciation schedule, or select from three standard methods: Straight Line, Declining Balance, or Sum of the Year's digits.
Generate a comprehensive fixed asset report in CustomBooks™ that displays all your assets categorized by type, complete with their corresponding depreciation schedule. You have the option to generate this report in either summary or detail mode.
CustomBooks™ provides you with the necessary tools to manage your fixed assets with ease and flexibility. By allowing you to track your fixed assets by project and class, CustomBooks™ enables you to tailor your asset management to your unique needs and circumstances.
CustomBooks™'s Fixed Asset Tracking is a comprehensive feature designed to help businesses track their fixed assets, such as property, equipment, and vehicles. With this feature, businesses can record and monitor the value and depreciation of their fixed assets over time. This can be a valuable asset for businesses looking to optimize their asset management processes, as it can provide them with insights into the financial performance and value of their fixed assets.
Users can easily add and manage their assets without incurring any additional costs, making it a cost-effective solution for small and medium-sized businesses. By utilizing this feature, businesses can effectively track the location, value, and depreciation of their assets, ensuring that their financial records are accurate and up-to-date. Overall, CustomBooks™'s asset tracker feature is a valuable asset management tool that comes at no extra cost to its users.
CustomBooks™'s Fixed Asset Tracker is a fully embedded feature that seamlessly integrates with the platform. This means that businesses can efficiently manage their fixed assets, such as equipment and vehicles, directly within the CustomBooks™ system. With this embedded feature, businesses can benefit from a streamlined and user-friendly experience that simplifies their fixed asset management processes.
In the asset tracker of CustomBooks™, it is possible to attach receipts and proof of purchase to individual assets. This enables users to maintain a complete record of their asset acquisition history and helps to ensure accurate financial reporting. By attaching receipts and proof of purchase, businesses can easily access important information such as purchase date, vendor, and purchase price.
The Fixed Asset Tracker feature in CustomBooks™ includes Depreciation Schedules, which can be an essential tool for businesses looking to monitor the value and depreciation of their fixed assets over time. This feature allows businesses to create schedules that outline the expected depreciation of each asset, based on its useful life and estimated salvage value. With this information, businesses can accurately report the value of their assets in their financial statements and make informed decisions about their investments.
This function enables users to determine the depreciation of their fixed assets accurately and with minimal effort. By using this feature, businesses can quickly and easily calculate the depreciation of their assets over time, resulting in accurate and up-to-date financial records. This automation saves time and eliminates the need for manual calculations, reducing the potential for human error.
The Fixed Asset Tracker feature in CustomBooks™ includes a Parent/Child Asset Relationship functionality, which can be an important tool for businesses that manage complex fixed asset structures. With this feature, businesses can establish relationships between parent assets and their child assets, such as subcomponents or accessories. This can help businesses to track the total cost and value of their fixed assets more accurately and efficiently.
This feature allows businesses to categorize their assets based on the project or department they are assigned to, providing a clear picture of how resources are being allocated. By tracking assets by project or class, businesses can determine the cost of each project and identify which projects are profitable and which ones are not. This information can be helpful in making informed decisions about where to invest resources and in which projects to divest
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Annual
(Save up to 15% w/Annual Plan)
Good for new businesses and the self-employed.
Subscribe NowGreat for businesses with invoicing & billing needs.
Subscribe NowFor most businesses that sell products and have the need for Inventory.
Subscribe NowFor online sellers that need to track Inventory.
Subscribe NowShipStation integration – all available Stores, including Shopify, Etsy, Ebay, WooCommerce, BigCommerce, Squarespace, Square or Amazon
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