Fixed Asset Management and its depreciation | Webinar | Zoho inventory

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Fixed asset management is an integral part of any and every business. Calculating the depreciation, keeping track of your assets, knowing when it has to be replaced, and ensuring regular maintenance can be a challenging affair for a growing business. Are you looking for advice from a professional on handling the depreciation of your fixed assets? You might find what you're looking for in this webinar with CA Nikita Punjabi.

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Fantastic teaser and a development my company specifically requested some time ago, and so great to see it being implemented soon. I've been using Xero for years which had this out of the box and as such have needed to maintain a separate Xero subscription just to utilise their FAR, run depreciation calculations and journal those into Zoho Books. The only question from me now is when when when is this new functionality / feature going live? Then I can phase out Xero entirely. Also will there be good fixed asset reconciliation and depreciation reports as their is in Xero - not covered in the video?

ashleyhughes
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Thank you Nikita 🎉 very well explained

ramca
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How do we put the opening balance of fixed assets in zohoo books in case of shifting the account from other software to zohoo boks

fazalrabbi
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This is only explanation of asset depreciation but zoho doesn’t have a proper asset management

madcyber
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only one word.. useless software. cant we do in this way in books. what is the use of zoho software if it asks us to post depreciation as a journal ? go and learn from softwares like SAP, QB etc..

karteekkonejeti