AssetLedger
Automated fixed asset depreciation and disposal management
AssetLedger
AssetLedger is a SaaS platform that automates fixed asset depreciation, disposal, and threshold adjustments for small business accountants. It ensures accurate gain/loss calculations by handling complex scenarios like leasehold improvement reversals and mass write-offs, keeping financial statements compliant.
- Automated depreciation schedules with support for multiple methods (straight-line, declining balance, MACRS)
- Guided asset disposal and write-off workflows with automatic gain/loss calculation
- Bulk asset reclassification when capitalization thresholds change, including mass write-offs
- Audit-ready fixed asset register with detailed transaction history and compliance reports
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