Simplify Your Asset Tracking Today

Fixed Asset Management

FALCON ERP Fixed Asset Management provides up-to-date, real-time information regarding the value of all assets within the organization by keeping a record of depreciation and current asset values, and a facility that evaluates the remaining worth by tracking income and expenditures derived from assets.

The FALCON ERP Assets Management system enables you to manage and control your non-current assets in terms of wear and tear depreciation, book value, disposals, additions, and re-valuations. The information contained in the Assets Register can integrate to the General Ledger, or be run standalone. You can optionally record costs incurred in the maintenance of assets against the individual asset concerned. These costs can be broken down over a number of expense codes.

We are redefining the management of Assets to the big /small organizations. The Assets with complete details like brand, model, supplier, serial no, Asset Value, Location, Owner, Asset Disposal details, Purchase date, Warranty tracking, Insured value, revaluation, department, cost centre, Type of Assets, Depreciation calculations.

Extensive valuations and revaluations can be performed on your assets and an import facility enables you to generate your assets register by importing asset details created by FALCON ERP.


  • Maintain a register of all assets and their locations
  • Track expenses incurred for any asset
  • Calculate depreciation
  • Track maintenance history for each asset
  • Obtain estimates of the remaining useful life of an asset
  • Report on disposals, revaluations and/or acquisitions
  • Provide detailed reporting and screen queries
  • Provision for initial and investment allowances
  • Manage capital expenditure items
  • Define fixed depreciation rates
  • Manage Equipment Maintenance
  • Schedule maintenance activity and process maintenance expense
  • Integration to FALCON ERP Manufacturing Module

Added Advantages

  • You can schedule maintenance on assets, and view service history jobs and costs.
  • Insurance details are recorded, along with when the insurance cover expires.
  • Free format comments can be recorded in a Notes file for each asset. You can record the Asset’s options that are attached to it
  • Extensive search, list and print facilities are provided on both the main Asset Register file, and the various enquiry files.
  • Search analysis is available by Type, Make, and Model of asset, and also by Employee.
  • A full transaction audit trail is maintained to show all purchases, adjustments, disposals, plus the monthly depreciation postings.
  • Asset disposals are linked to the Cash Receipts transaction file. It will calculate depreciation recovered and any resultant capital gain/loss.
  • The system’s fields, menus and reports can all be personalized to suit individual requirements

Asset tracking

FALCON ERP asset tracking assists organizations improve the visibility of their fixed assets by enabling them to automate fixed asset inventory audits, locate assets, and track the movement of assets in real-time. The module centrally manages; - what asset you have, where they are, who use them, and all cost associated to the item.

FALCON ERP asset tracking makes it simple to manage your organization’s valuable assets and inventory into one complete, cost-effective, easy-to-use application.

  • The current “User” of the asset can be linked along with the Division and/or Department. The physical location can also be recorded.
  • The current status of the Asset shows whether it is in current use, in repair, or disposed of.
  • Comprehensive, reliable and efficient asset tracking.
  • Provides tracking, visibility and control of dispersed assets
  • Maximizes asset utilization and return on investment by automatically synchronizing the operations
  • Helps organizations to achieve a single source of truth for enterprise assets while reducing the total cost of ownership.
  • Helps organizations improve the visibility of their fixed assets
  • Track ownership and product information such as serial numbers and installation dates
  • Maintain Asset Barcode information in asset register.
  • Print asset label with barcode printer.
  • Use asset label to identify asset unit
  • Predefined barcode scanning program facilitate the asset tracking.
  • Upload the updated asset information from the barcode scanner.


  • Asset Detailed Report
  • Depreciation Detailed Report
  • Asset Summary
  • Asset-wise Insurance and AMC Report
  • Physical Stock Report
  • Re-valuation Report
  • Complete audit trails include transaction journals, list of additions and disposals, and General ledger Distribution reports
  • Produce asset movement reports
  • Report on revenue costs
  • Asset Tracking Reports
  • Generate book value schedules