The Parsek Fixed Assets & Depreciation module registers your equipment, machinery and vehicles, automatically produces the annual depreciation schedule using straight-line and declining-balance methods, and keeps accumulated depreciation and net book value up to date.
Key Features
Compliant Depreciation
Straight-line and declining-balance methods; automatic calculation by useful life.
Live Schedule Preview
See the year-by-year depreciation and net value schedule instantly as you register an asset.
Automatic Period Posting
Past and current-year depreciation is posted automatically; accumulated value updates.
Net Book Value
Each asset's cost, accumulated depreciation and net book value are shown instantly.
Asset Disposal
Dispose by sale or scrap with status tracking.
Category & Portfolio Summary
Total cost, accumulated depreciation, net value and current-year expense in summary cards.
How It Works
1. Register the Asset
Enter cost, acquisition date, useful life and depreciation method.
2. Schedule Auto-Generates
The system produces the annual depreciation schedule; you preview it before saving.
3. Depreciation Posts
An automatic cron — or one click — posts past/current-year depreciation and updates book value.
Frequently Asked Questions
Try this free for 14 days. No credit card required.
Try It Now →Which depreciation methods are available?
Straight-line and declining-balance, plus a no-depreciation option.
Is depreciation posted automatically?
Yes, a monthly cron posts past/current-year periods; you can also trigger it manually.
What happens if I sell an asset?
It is recorded with disposal date and amount; status becomes "disposed".
Take Control of Your Assets
Stop tracking depreciation by hand — with Parsek your net book value is always current.