Manage fixed assets easily

Xero makes it easy to track fixed assets and work with your accountant to manage them, keeping your books up to date.

The fixed assets screen in Xero displays a list of assets along with their type, purchase date and price.

Record and update your assets

Keep track of your assets online, in one place.

Manage depreciation and disposals

Work with your advisor to manage your assets.

Get a full picture of your finances

Run reports to show fixed assets and their value.

Record and update your assets

Track business assets such as vehicles, machinery, hardware and office equipment.

  • Included
    Import all your fixed assets into Xero at once to get set up
  • Included
    Add a fixed asset directly or create one from a bill
  • Included
    Update asset types, depreciation methods and default accounts
Details of a fixed asset are being added in Xero, including the asset name, number, purchase date and price.

Manage depreciation and disposals

Work with your accountant or bookkeeper to manage the depreciation and disposal of your fixed assets.

  • Included
    Choose a method and rate to depreciate assets
  • Included
    Xero automatically calculates depreciation on your assets
  • Included
    Your advisor can run or roll back depreciation at any time
A ‘run depreciation’ button shows ready for an accountant to run depreciation on a client’s fixed assets.

Get a full picture of your finances

Run reports and work with your advisor to see what fixed assets are on the books and their value anytime.

  • Included
    un the depreciation schedule to see depreciation values
  • Included
    Run the disposal schedule to show assets sold or disposed
  • Included
    View gains, losses and depreciation recovered on disposals
A bar chart shows depreciation values of fixed assets after running the depreciation schedule in Xero.

More about managing fixed assets

Get started with tracking and managing fixed assets in Xero by setting up a register to record and depreciate them.

See how to set up fixed assets

Get started with tracking and managing fixed assets in Xero by setting up a register to record and depreciate them.

See how to set up fixed assets

You can add a fixed asset directly to the fixed asset register, or create one from a purchase transaction. This includes assets bought outright and those on hire purchase and paid off in instalments. You can also import multiple fixed assets in bulk.

See how to add a fixed asset to the register

You can add a fixed asset directly to the fixed asset register, or create one from a purchase transaction. This includes assets bought outright and those on hire purchase and paid off in instalments. You can also import multiple fixed assets in bulk.

See how to add a fixed asset to the register

Use Xero to run a depreciation schedule, disposal schedule, and fixed asset reconciliation report.

See how to run fixed asset reports

Use Xero to run a depreciation schedule, disposal schedule, and fixed asset reconciliation report.

See how to run fixed asset reports

Start using Xero for free

Access Xero features for 30 days, then decide which plan best suits your business.