Fixed asset register
Count, depreciate and report from one register.
You keep the register for a whole campus and answer to the auditors; this is built for you.
Year-end count · Sample
4,812 of 4,830
Exception: not found, 18
Built for how South African higher education is audited
One register, the one the auditors check
Your year-end count, the depreciation and the notes all come from the same register.
IFRS or GRAP 17, drawn from the register
Report under either framework and the notes are produced from the register itself.
Year-end verification, campus by campus
Count against the register. Anything that cannot be found is marked Exception: not found.
A year-end count the auditors can follow
Every asset is either verified or marked Exception: not found, and the depreciation sits beside it.
Sample register for a made-up campus. The figures are not a real institution.
Year-end count
Science block, main campus
- Verified
Centrifuge
A-00412 · Chemistry
- Verified
Data projector
A-00413 · Lecture hall 4
- Exception: not found
Laptop
A-00420 · Finance office
- Verified
Server rack
A-00431 · IT building
- Cost
- R184,500
- Accumulated depreciation
- R61,500
- Carrying amount
- R123,000
Property, plant and equipment note (GRAP 17), drawn from this register.
Priced by the size of your institution
A monthly subscription for each institution.
TVET or small college
R5,000a month
Mid-size university
R12,000a month
Large multi-campus university
R25,000a month