Financial Mastery Meets
Asset Intelligence
A Unified Ecosystem for ERPNext Accounting and Asset Management
Move beyond scattered spreadsheets and disconnected records. ERPNext unifies financial accounting and fixed asset management into a single source of truth.
Accounting Core: Multi-currency, budgeting, compliance.
Asset Lifecycle: From procurement to retirement.
Seamless Integration: Physical actions update financial ledgers.
The Foundation: Intelligent Chart of Accounts
Flexible Structure
Adapts to any business model. Organize ledgers into parent and child nodes for detailed categorization.
General Ledger Integration
Every transaction automatically creates a GL entry, forming the foundation of all reporting.
Drill-Down Capability
Trace transactions from high-level reports down to individual ledger postings.
Key Benefit: Maintain accurate records for statutory compliance and real-time financial health visibility.
The Unified Financial Ecosystem
The Challenge
Businesses suffer from "ghost assets," manual errors, and disconnected records.
One Centralized System
The Solution
- Unified Truth: One platform for financials and fixed assets.
- Automation: Auto-calculated depreciation and recurring invoices.
- Compliance: Built-in tax templates and localization.
Scaling Globally: Multi-Company & Multi-Currency
Multi-Company Management
Manage multiple entities across regions within a single ERPNext account. Generate inter-company sales and purchase transactions effortlessly.
Consolidation
Consolidate financials for group-level reporting. View a unified picture of global health.
Currency Precision
- • Capture balances in base and transaction currencies.
- • Generate GL reports in local currencies.
- • Real-time valuation for international transactions.
Optimizing Cash Flow: Receivables & Payables
| Invoice ID | Customer | Amount | Status |
|---|---|---|---|
| INV-001 | Acme Corp | $5,000 | Paid |
| INV-002 | Beta Inc | $2,500 | Overdue |
- Streamline invoicing and payment tracking.
- Automated follow-ups for outstanding payments.
| Bill ID | Vendor | Amount | Status |
|---|---|---|---|
| BILL-101 | Supplier X | $1,200 | Scheduled |
| BILL-102 | Vendor Y | $800 | Due Soon |
- Track vendor invoices to avoid duplicate payments.
- Manage liabilities effectively.
Strategic Control: Cost Centers & Budgeting
Cost Centers & Dimensions
Track profitability by unit, branch, or project. Tag transactions with dimensions to generate segmented P&L reports instantly.
Budgeting Discipline
- Define budgets for specific cost centers.
- Break down budgets into monthly splits.
Enforcement: System prevents transactions that exceed allocated funds.
Profitability by Cost Center
Compliance & Taxation Engines
Configurable Tax Templates
Pre-configure Sales and Purchase templates to fetch tax ledgers automatically. Reduces manual data entry errors.
Regional Localization
Support for GST, VAT, and consumption taxes. Integration with government portals for direct E-Invoicing via API.
TAX
Item Linking
Link specific items to specific tax ledgers. Ensures automatic, accurate calculation even on complex mixed bills.
Withholding Tax
Configure taxation and withholding clauses directly within invoices.
End-of-Life: Selling & Scrapping
Sell Asset
Create Sales Invoice.
Gain/Loss Calculated Automatically.
Scrap Asset
Write off value.
Post entry to Loss on Scrap account.
Gain/Loss Calculation
The system automatically compares the Book Value with the Selling Price and posts the difference to the Gain/Loss on Asset Disposal account.
One-Click Journal Entry
No manual calculations needed. The predefined Asset Disposal account template handles the GL posting instantly.
Asset Tracking, Maintenance & Adjustment
Value Adjustment
Revalue assets due to market changes or damage.
- Update Current Value instantly.
- Automatically posts GL entries.
Movement & Tracking
Track asset location and custodian history.
- Issue to Employees (Custodians).
- Transfer between locations.
Maintenance
Schedule repairs and track maintenance costs.
- Preventative maintenance schedules.
- Log repair entries & capitalization.
Intelligence at Your Fingertips
Financial Statements
Balance Sheet, Profit & Loss, and Cash Flow statements. Drill down to any level.
Asset Analytics
Fixed Asset Register, Depreciation Schedule, and Asset Maintenance Reports.
Budget vs. Actual
Real-time variance analysis for cost centers and projects.
Custom Report Builder
Create custom reports with drag-and-drop ease. No coding required.
Ready to Streamline Your Finances?
Get a unified view of your assets and accounting with ERPNext.
Book a Free Consultation