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LekhaPro

Fixed assets

Depreciation that ties to the ledger

An asset register with straight-line and written-down-value methods, posting depreciation where the accounts expect it.

Desktop Suite

Included in the Desktop Suite.

Explore the Desktop Suite
Cloud Suite

Included in the Cloud Suite.

Explore the Cloud Suite

What Fixed Assets does

  • Both methods

    Straight-line and written-down-value per asset, with the block of assets carried for the tax computation.

  • Disposal handled properly

    Sale proceeds against written-down value, with the gain or loss posted rather than left to a manual journal.

Who uses it, and for what

  • Accountant

    Year-end depreciation run

    SLM or WDV per asset, with a schedule that reconciles to the ledger

  • Proprietor

    An old machine is sold

    Sale proceeds against written-down value, with the gain or loss posted, not left to a manual journal

  • CA

    Tax audit season begins

    Assets grouped into blocks with the schedule the tax computation expects

Questions

Does it handle block of assets?+

Yes — assets carry a category that maps to the block, and the schedule groups by it.

Is Fixed Assets in both the Desktop and Cloud editions?+

Yes — Fixed Assets ships in both the Desktop Suite and the Cloud Suite. The Desktop edition runs it against a local database on your own machine with the network unplugged; the Cloud edition runs it in the browser with roles, approvals and an audit trail over the same books. You choose the edition when you sign up, and the application is the same one either way.

What does Fixed Assets actually include?+

Asset register with SLM/WDV depreciation. In practice that means both methods and disposal handled properly — each of which is a working screen rather than a line on a roadmap. The full breakdown, with what every one of them does, is on this page above.

Does Fixed Assets work with the rest of LekhaPro, or is it separate?+

It is not a separate product and there is nothing to integrate. Fixed Assets reads and writes the same database as the ledger, stock and customer master, so a figure it shows is the figure the books hold — not a copy synced overnight, and not a number you have to reconcile against another screen before you trust it.

What else comes with Fixed Assets?+

Fixed Assets sits in the Finance group of the catalogue, alongside Accounts, GST, Billing & Invoicing, Banking and Expenses and 2 more. They are separate applications with their own screens, not modules of each other — but they share one database, so what you enter in any of them is immediately real to the rest.

Does Fixed Assets work offline?+

On the Desktop edition, yes — completely. Fixed Assets runs against a database on your own machine, so it behaves identically with the network unplugged; only AI and billing reach out. On the Cloud edition it runs in the browser and needs a connection, with the POS till the one deliberate exception.

Is there AI in Fixed Assets?+

Not as a feature of this application, and we would rather say so than claim it. The AI surfaces in LekhaPro — Copilot, the CFO, the deterministic insight engines — read the data Fixed Assets produces, so its records inform them, but Fixed Assets itself is deliberately a plain, fast, keyboard-first application.

Which businesses is Fixed Assets for?+

Any business running LekhaPro. Fixed Assets is part of the horizontal suite rather than a trade-specific pack, so it behaves the same whether you are a retailer, a distributor, a manufacturer or a services firm — the industry packs change the screens around it, not the application itself.

Can I control who sees Fixed Assets?+

Yes. Access is by role rather than all-or-nothing, so a billing clerk can reach Fixed Assets without reaching the books behind it, and an approver can see what needs a decision without editing anything else. On the Cloud edition every change also carries who made it and when.

Does Fixed Assets cost extra?+

Fixed Assets is part of the suite, not a paid add-on billed per use. What your plan tier decides is reach and depth — how many devices connect, multi-branch and multi-warehouse reporting, and whether the conversational AI copilots are switched on. The full accounting core is in every plan, including the entry tier.

See Fixed Assets on your own books

Start a free trial, or have us walk you through it with your numbers in front of you.