Depreciation Tracking Software
Understand the true financial performance of every asset you own. Track depreciation with category-level rates and view real-time current value calculations for accurate asset valuation.
The Asset Valuation Problem
Most organizations cannot accurately value their assets. Purchase costs are known, but current book value is a mystery. Balance sheets rely on manual spreadsheets and guesswork.
Assets are recorded at purchase price but never updated. Current book value requires manual calculations in spreadsheets. Finance teams spend hours updating depreciation schedules.
Depreciation schedules live in Excel. Each asset requires separate calculation. Adding new assets means updating formulas. One mistake breaks the entire spreadsheet.
Balance sheets show outdated asset values. Financial statements are estimates at best. Auditors ask questions nobody can answer without digging through old files.
What is the current value of all equipment? Nobody knows. Leadership asks for total asset value and finance scrambles to produce an answer.
How Depreciation Tracking Works in UniAsset
Set Category-Level Depreciation Rates
Define depreciation method and useful life for each asset category. All computers depreciate over 3 years. All furniture over 7 years. All vehicles over 5 years. Set once, apply to all assets in that category.
Automatic Calculation
System calculates current book value in real time using straight-line depreciation. Purchase cost divided by useful life equals annual depreciation. Current value updates automatically based on asset age.
Asset-Level Visibility
View depreciation details for each asset: purchase cost, accumulated depreciation, current book value, and remaining useful life. See exactly how much value has been lost since purchase.
Executive Dashboard Reporting
View total current value across all assets, categories, and departments. Executive dashboard aggregates depreciation data for portfolio-level financial visibility. Export reports for accounting and financial planning.
Key Benefits
Real-time current book value for every asset. No manual spreadsheets. No outdated valuations. Financial reporting becomes a simple export instead of hours of calculation.
Generate depreciation schedules instantly. Export current asset values for balance sheets. Provide auditors with complete depreciation documentation in minutes.
View total asset value across entire organization, by category, or by department. Understand where value is concentrated and where assets are nearing full depreciation.
Identify assets approaching end of useful life. Plan capital expenditures based on actual asset age and depreciation. Replace equipment proactively instead of reactively.
Works Seamlessly With Other UniAsset Features
Asset Lifecycle Management
Depreciation calculations use purchase date and cost from asset records. Every asset automatically depreciates based on category settings. View complete financial history from acquisition to retirement.
Categories & Depreciation Rates
Define depreciation method once at the category level. All assets in that category inherit the same depreciation schedule. Consistent valuation across similar asset types.
Executive Dashboard
Current asset value appears on executive dashboard alongside other key metrics. View total portfolio value, depreciation by category, and assets nearing full depreciation. Complete financial visibility.
Cost & Financial Visibility
Depreciation data combines with maintenance costs for complete financial picture. Understand both current book value and total cost of ownership for every asset in your portfolio.
Commonly Used By
Track building equipment, HVAC systems, and facility assets with accurate depreciation.
Manage depreciation for computers, servers, and technology with short useful lives.
Value production equipment, machinery, and tools with automatic depreciation tracking.
Track depreciation for educational equipment, technology, and facility assets.
Accurate Asset Valuation Without Manual Spreadsheets
UniAsset depreciation tracking provides real-time current book value calculations for every asset in your organization. Set depreciation rates once at the category level, and the system automatically calculates accumulated depreciation and current value based on purchase date and cost. Finance teams get accurate asset valuations for balance sheets and financial reporting without maintaining complex Excel spreadsheets. Operations teams understand when equipment is nearing end of useful life and plan replacements accordingly.
Track Depreciation and Asset Value Automatically
Set category-level depreciation rates and view real-time current book value for every asset. Accurate financial reporting without spreadsheets.
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