Fixed asset management
Automate depreciation and keep every asset accounted for, from acquisition to disposal.
Fixed asset management for nonprofits
Buildings, vehicles, equipment, and technology are often a nonprofit's largest investments, and many of them were paid for with restricted or capital campaign dollars. NonProfit+ fixed asset management, built on Acumatica, follows each asset from acquisition through disposal and calculates depreciation automatically.
You can create assets one at a time, import existing records, or convert eligible payables purchases into assets without keying them again. Additions, transfers, splits, adjustments, and disposals all stay with the asset record, so you always know what you own, what it's worth, and how it got there.
- Automate depreciation with predefined or custom methods by asset class.
- Turn eligible purchases into asset records with no duplicate entry.
- Keep separate books for financial, tax, and reporting purposes.
- Hold costs for assets under construction until they're placed in service.
Key features
Full lifecycle tracking
Record acquisition, additions, transfers, splits, adjustments, depreciation, and disposal, with the accounting impact of each.
Multiple depreciation books
Run financial, tax, and reporting books side by side, each with its own method and calendar.
Purchase-to-asset conversion
Convert eligible AP purchases into fixed assets, keeping the acquisition details linked.
Assets under construction
Accumulate costs in a construction-in-progress account. Depreciation starts only when the asset is placed in service.
Owned, leased & granted assets
Manage owned, leased, rented, and granted property, organized by property type.
Averaging conventions
Handle partial periods with full period, mid-period, next period, full quarter, full year, and other conventions.
Asset classes
Group similar assets under shared depreciation settings for faster setup and consistent schedules.
Bulk processing
Calculate depreciation, release transactions, and convert purchases for many assets at once.
Reports & reconciliation
Report on acquisitions, disposals, balances, net values, and projected depreciation, with drill-down.
Frequently asked questions
How is depreciation calculated?
Depreciation is calculated from the method, useful life, recovery period, and averaging convention set for each asset or asset class. You can use predefined schedules or custom methods and process many assets in one batch.
Can we keep separate books for financial and tax reporting?
Yes. Each book can use its own method and calendar. Some books post to the general ledger, while non-posting books let you model alternative scenarios without affecting the GL.
Can it track leased or granted assets?
Yes. Owned, leased, rented, and granted property are all supported, including assets you lease or rent to others, with settings organized by property type.
Do fixed asset periods stay in sync with the general ledger?
Yes. When general ledger periods change on the master financial calendar, the matching fixed asset periods update automatically.
See NonProfit+ in action
Take a guided tour and see how nonprofit accounting, fund management, and grant tracking come together in one system — with unlimited users.