Fixed assets

Growth & up

Fixed assets with automatic depreciation schedules.

An asset register that drives monthly depreciation through SmartGL. Straight-line, declining balance, and MACRS. Disposal handling and intangible asset amortization. GL account assignment per asset.

Register

01

Every asset, every method.

Define each asset with cost, useful life, salvage value, method, and GL account assignment. Straight-line, declining balance, and MACRS supported. Bulk-import the register from your prior system.

  • Cost, life, salvage, method per asset.
  • Straight-line, declining balance, MACRS.
  • Per-asset GL account assignment.
  • Bulk import.

Schedule

02

Monthly depreciation, auto-posted.

Quoining computes monthly depreciation expense on the schedule you set and posts the JEs via SmartGL with full attribution. Disposal entries write off net book value and post gain/loss. Intangible assets amortize on the same engine.

  • Monthly depreciation JEs via SmartGL.
  • Disposal with gain/loss recognition.
  • Intangible asset amortization.

Tax

03

MACRS for tax, GAAP for books.

Track book and tax basis with separate depreciation methods (e.g., straight-line for books, MACRS for tax). Deferred tax (Enterprise) keys off the basis differences automatically. See /features/deferred-tax.

Want a closer look?

See fixed assets & depreciation in a guided demo.

Walk through the workflow with our team. We'll show how it fits your books and answer questions on plan fit, migration, and rollout.

Questions

About fixed assets & depreciation.

Which plan includes fixed assets?

Growth and Enterprise. Asset register, depreciation schedules, and disposal handling.

Can I import my existing asset register?

Yes. CSV import covers cost, life, salvage, method, and GL account assignment, plus accumulated depreciation as an opening balance.

Ready to put fixed assets & depreciation to work?

Start a free account in minutes, see the plan that fits, or book a guided demo with our team.