Fixed asset management · Depreciation · Office Premium

Fixed asset management: register, depreciation and total cost of ownership

FindThings IQ keeps a fixed asset register with straight-line and MACRS depreciation, disposals with gain or loss, and Cost-to-Keep: book value, insurance premium, repair spend and downtime cost per asset, a practical total cost of ownership (TCO). It is on Office Premium ($149.00 / month).

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SL · MACRSdepreciation
TCOCost-to-Keep
Disposalsgain or loss
Journalfor accounting

Fixed asset register

Asset details
Serial number, purchase date, supplier, invoice or PO, custodian, department and location.
Lifecycle
In service, under repair, retired, disposed, with an undo for mistakes.
Documents
Invoice, warranty and insurance policy on the asset.

Depreciation and disposal

Straight-line and MACRS
Cost basis, salvage value, useful life or IRS property class, with a year-by-year schedule.
Current book value
Shown on the asset and in the depreciation report.
Disposals
Record proceeds and see the gain or loss.

Total cost of ownership

Cost-to-Keep
Book value, yearly premium and repair spend side by side, per asset and for the portfolio.
Keep or replace
Repair spend against value and replacement cost.
Insurance check
Flags assets insured for more than they are worth or costing more to insure than to replace.
Accounting handoff
A depreciation journal file and a read-only API scope for financial fields.

Frequently asked questions

Which depreciation methods are supported?
Straight-line and MACRS, with salvage value, useful life or the IRS property class.
Is it accounting software?
No. It keeps the fixed asset register and depreciation, and exports a journal file for your accounting system.
Can field staff see asset values?
No. Manager and Field Worker roles never see purchase price, book value or insurance.
How much does it cost?
Office Premium is $149.00 / month with a 14-day free trial; pricing is per plan, not per user.

Not the right tool if you need

  • IT asset discovery or device management: there is no network scanning, agent or MDM.
  • GPS or telematics tracking of vehicles and moving equipment.
  • Certified audits or compliance attestation (OSHA, EPA, ISO, HIPAA): FindThings keeps the records, it does not certify them.
  • A contractual uptime SLA: availability is best effort.
  • Replacing an ERP or accounting system: financial output is depreciation, Cost-to-Keep and a depreciation journal file.
  • Predictive maintenance from sensors or IoT: meter readings are entered by people, not streamed.