Track business assets – such as vehicles, machinery, hardware and office equipment.
Once your bills and assets are uploaded to Xero, your advisor has everything they need to record them in the asset register. Get started by importing all your fixed assets into Xero at once, or manually add an asset to your register.
Work with your accountant or bookkeeper to manage the depreciation and disposal of your business assets. Disposing and selling of fixed assets is simple, as Xero automatically creates the accounting journals for you.
Know the financial position of your business any time of the year. You and your advisor can share information and run reports in Xero to show what fixed assets are on the books and their value whenever you want.
