Simplify Fixed Asset Management
Automate depreciation, reporting, and compliance across subsidiaries.
Stay accurate and audit-ready across Asia and the world.
multibook Fixed Assets Module — Global Standards, Local Rules
From acquisition to disposal, manage the entire asset lifecycle with automation and compliance built-in.
- Local Requirements Covered: Prorated depreciation in Thailand, first-month proration in Vietnam, and straight-line methods in countries where applicable.
- Full Lifecycle Automation: Register, track, depreciate, transfer, and dispose — all in one system.
- Accurate & Timely: Monthly depreciation and year-end adjustments automated across entities.
- Audit Ready: Detailed asset history, impairment tracking, and transparent reporting.
- Seamless Integration: Fixed assets feed directly into accounting and group reporting.
Core Functions
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Local Compliance
Country-specific regulations supported, including Thailand’s prorated depreciation and Vietnam’s first-month rule.
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Depreciation Management
Monthly and annual depreciation calculated automatically, with adjustments for impairments and useful life changes.
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Prior-Year Asset Acquisition
Support for late reporting and prior-year asset recognition commonly in Southeast Asia.
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Audit & Reporting
Automated outputs for statutory reports, depreciation schedules, and group-level reporting.
Start your journey to stronger Asian subsidiaries.
From Acquisition to Disposal — Everything is Automated
