Assets

The Assets module in NexWave manages your fixed assets including acquisition, depreciation, maintenance, and disposal.

Assets module overview

Key Features

Asset Master

• Asset registration

• Asset categories

• Location tracking

• Custodian assignment

Asset Categories

• Define asset types

• Depreciation settings

• Accounting defaults

Asset Acquisition

• Purchase assets

• Capitalize expenses

• Asset receipt

Depreciation

• Multiple depreciation methods

• Automatic depreciation posting

• Depreciation schedules

• Manual depreciation adjustments

Asset Maintenance

• Maintenance schedules

• Maintenance tasks

• Service history

• Maintenance teams

Asset Movement

• Transfer between locations

• Custodian changes

• Movement history

Asset Disposal

• Asset sale

• Asset scrapping

• Write-off processing

Asset Reports

• Asset depreciation ledger

• Asset register

• Asset value report

• Maintenance due report

Navigation

Access the Assets module from the sidebar: Assets menu

Common tasks

Step-by-step task guides from the User Guide:

• Asset Cateogory

• Fixed Assets

• Asset Revaluation

• Repairing an Asset

• Selling an Asset

• Transfer Asset to a new Employee