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Capitalization of Asset Updates

Released Dec 2025 Focus 9 & Focus X
Did you know?

Our system includes a powerful yet often overlooked feature—Capitalization of Asset Updates. This ensures that any improvements or refurbishments made to your fixed assets can be seamlessly added to their capital value, supporting accurate financial tracking and compliance.

Data Analytics Illustration
What You Get:

This feature enhances the Capitalization of Asset screen by aligning it more closely with the Fixed Asset Master:

  • Default and custom fields (with properties) from the Fixed Asset Master are now visible in the Capitalization screen.
  • 📌 Fields marked “Mandatory” in the Fixed Asset Master will also be mandatory during capitalization.
  • 🎨If the “Group” selection is mandatory in the Fixed Asset Master, it will also be enforced here.
  • 📋Selecting an asset group will auto-populate related field details across all tabs into the Capitalization screen.
  • 🔎The checkbox “Create a different Fixed Asset for each quantity” is enabled by default but can be unchecked if needed.
Dashboard Screenshot

See It In Action

Asset Master Dashboard
Capitalization Screen

Why Use It

  • Keeps asset capitalization aligned with master settings
  • Ensures data consistency across screens
  • Enhances accuracy in asset value tracking
  • Reduces manual errors in asset updates

Ideal For

Finance teams Asset managers Auditors Compliance officers

Already available in your system

No activation needed! Start using this feature today.

Time to Capitalize on Better Asset Management

This feature is already live! Dive back in, streamline your asset updates, and let the system handle the complexity for you.

Explore It Now