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ERPNext Asset Management

Keep a fixed asset register that stays in step with purchases and accounts. Assets are created from purchase documents, depreciated on a schedule, moved between locations and people, and maintained, all in ERPNext.
ACC-ASS-2026-00018 · CNC latheAssets
Purchase InvoiceAsset bought and capitalised
Paid
AssetCategory: Plant and machinery
Submitted
Depreciation scheduleStraight line, 60 months
Posting monthly
Asset MovementMoved from Plant 1 to Plant 2
Submitted
Asset MaintenanceQuarterly service due next week
Due
The register, depreciation and accounts always agree, because they are one record.
DocumentsAsset · Asset Movement · Asset Maintenance · Asset Repair · Journal Entry
ReportsFixed Asset Register · Asset Depreciation Ledger · Asset Depreciations and Balances
Works withAccounting · Buying · Stock

Inside ERPNext Asset Management

Asset register

Assets with category, location, custodian, purchase details and current value.

Creating assets

Assets created from purchase receipts or invoices, including capital work in progress.

Depreciation

Straight line, double declining, written down value or manual schedules, in one or more finance books.

Movements

Transfers between locations and custodians, with a record of each move.

Maintenance and repairs

Maintenance tasks and logs, and repair records with their costs.

Disposal

Selling or scrapping an asset, with the gain or loss posted to accounts.

How the documents flow

Each step is a document in ERPNext, linked to the one before it, so you can follow any transaction from start to finish.
  1. Purchase Invoice

    The asset is bought.
  2. Asset

    The asset is registered with its category and location.
  3. Depreciation Schedule

    Depreciation is calculated for its life.
  4. Journal Entry

    Depreciation is posted to accounts each period.

Common problems it solves

The register lives in a spreadsheet

Assets are created from the same purchases the accounts already record.

Depreciation calculated by hand

Schedules calculate and post depreciation every period.

Nobody knows where an asset is

Movements record location and custodian, so the register stays current.

Configure, customize, integrate, automate

Standard ERPNext first; custom work only where it earns its place.

Configure

Asset categories, depreciation methods and finance books.

Customize

Asset fields, custody records and asset tag print formats.

Integrate

Barcode or QR asset tags scanned during audits.

Automate

Depreciation postings and maintenance reminders.

Assets tracked in a spreadsheet?

Tell us how you record assets and depreciation today. We’ll show how ERPNext keeps the register current.