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NetSuite Fixed Assets Management offers a comprehensive solution to manage your organisation’s entire lifecycle of fixed assets, from acquisition to disposal. With tools to automate depreciation calculations, track asset maintenance, and ensure compliance with Australian accounting standards, this module helps businesses stay efficient and organised.
Streamline asset management with automated depreciation schedules using common methods such as straight-line, double declining balance, or custom depreciation rules.
Track every stage of an asset's lifecycle, including acquisition, depreciation, revaluation, transfers, and disposal, ensuring accurate financial records.
Maintain separate depreciation schedules for local and international reporting requirements, supporting Australian standards alongside global frameworks like IFRS.
Track and schedule regular maintenance to maximise asset utilisation and prevent unexpected downtime or repairs.
Link fixed assets directly to your NetSuite financials, ensuring accurate accounting and seamless reporting across departments.
Define custom asset classes and categories to align with your unique business requirements and reporting needs.
Eliminate manual calculations and spreadsheets with automated processes that reduce errors and save time.
Gain real-time insights into asset values, locations, and maintenance schedules, helping you make informed decisions.
Ensure compliance with Australian regulations and international standards, reducing the risk of audit issues.
Easily manage an expanding portfolio of assets as your business grows, without adding administrative complexity.
Accurately track asset depreciation and valuations, enabling precise budgeting and improved financial planning.
NetSuite Fixed Assets Management empowers businesses to maintain control over their physical assets while reducing administrative workload. By integrating asset management with your broader NetSuite ERP system, you gain visibility, accuracy, and efficiency across financial and operational processes.
Whether you’re managing a few assets or a complex portfolio, this module ensures your business can track, maintain, and report on assets effectively, supporting long-term growth and financial stability.
DWR is a multi-award winning NetSuite Solution provider with over 15 years of experience in helping our clients, select, solution, implement and maintain their NetSuite platform.