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.
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.
- Import all your fixed assets into Xero at once to get set up
- Add a fixed asset directly or create one from a bill
- Update asset types, depreciation methods and default accounts
Manage depreciation and disposals
Work with your accountant or bookkeeper to manage the depreciation and disposal of your fixed assets.
- Choose a method and rate to depreciate assets
- Xero automatically calculates depreciation on your assets
- Your advisor can run or roll back depreciation at any time
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.
- un the depreciation schedule to see depreciation values
- Run the disposal schedule to show assets sold or disposed
- View gains, losses and depreciation recovered on disposals
Accounting software for your small business
Run your business accounting online with Xero. Easy-to-use accounting software, designed for your small business.
- Everything in one place
- Connect to your bank
- Collaborate in real time
- Customise to suit your needs
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 assetsGet 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 assetsYou 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 registerYou 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 registerUse Xero to run a depreciation schedule, disposal schedule, and fixed asset reconciliation report.
See how to run fixed asset reportsUse 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.