Assets•IAS 16, IAS 36
Fixed Assets
Asset register, acquisitions, components, depreciation, impairment, revaluation, transfers, and disposals.
Maintain owned-asset records, classes and components, capitalise acquisitions, review useful lives and residual values, calculate depreciation, process impairments and revaluations, transfer assets, dispose assets, and generate journals and movement reports.
Workflow
Asset acquisition and capitalisation
Component accounting and useful-life review
Depreciation, impairment and revaluation
Transfer, disposal and reporting
Outputs
Asset register and movement schedule
Depreciation journals
Impairment/revaluation evidence
Disposal gain/loss and disclosures
Management Decisions
Assess replacement timing, impairment indicators and asset utilization
Connects with the wider platform
Standalone product, shared compliance evidence.
Fixed Assets can be purchased and operated on its own. When combined with other Clarevon products, its journals, schedules, disclosures, controls, audit evidence and compliance signals flow into the same Accounting Compliance Center, reporting engine, audit trail, ERP integration layer and AI assistant.