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Asset tracking and inventory
Track every capital asset with location, custodian, acquisition date, and original cost. Bulk import for existing inventory plus per-asset entry for new acquisitions.
Track the full lifecycle: depreciation, maintenance, and disposal, with GASB-compliant reporting that flows directly into your ACFR.
Capital Assets tracks the buildings, vehicles, equipment, and infrastructure your entity owns. From acquisition through depreciation to disposal, every asset is audit-ready and ACFR-reportable.
Track every capital asset with location, custodian, acquisition date, and original cost. Bulk import for existing inventory plus per-asset entry for new acquisitions.
Straight-line, declining balance, and units-of-production methods. Depreciation entries post automatically by period.
Track asset disposals with gain/loss calculation. Surplus auction proceeds are tied back to the original asset record.
Categorize by class, department, fund, and useful life. Reporting groups assets the way your auditor needs to see them.
Schedules for GASB 87 / 96 reporting. Capitalization thresholds, useful life standards, and group asset handling all configurable.
| GASB 87 · leases | Ready |
| GASB 96 · SBITA | Ready |
| Capitalization threshold | Configurable ✓ |
Track maintenance and repair history per asset. Helpful for both capitalization decisions and replacement planning.
| Brake service | 1,240.00 |
| Engine overhaul | 8,600.00 |
| Capitalization review | Flagged |
| Replacement planning | Informed ✓ |
Upload a contract and the system pulls key fields — dates, amounts, vendor, terms — and generates a plain-English summary.