All the transactions related to an Asset like purchasing, sales, depreciation, scrapping, movement or maintenance will be managed against the Asset master.
Asset Maintenance
Sowaan ERP provides features to track the details of individual maintenance/calibration of various assets.
Asset Movement
You can track the location of an asset or to whom it is issued or whenever it is moved from one location to another.
Asset Transactions
Asset Value Adjustment
In case of fixed asset management, sometimes the value of an asset needs some adjustment, this can be managed within ERPNext
Purchasing an Asset
You can follow the default purchase cycle after ensuring the the appropriate asset category exists
Selling an Asset
You can sell an asset and even make all the necessary documents lile a Sales Invoice for it.
Discarding Assets
Asset Depreciation
The system automatically creates a schedule for depreciation based on depreciation method and other related inputs in the Asset record.
Scrapping an Asset
When an asset is no longer usable, you can scrap an asset with the click of a button in the Asset record.