Eliminate ghost assets with real-time physical barcode scanning.
Automated monthly depreciation journal entries to ERP General Ledger.
Handheld Android PDAs and long-range UHF RFID tag readers.
Complete employee sign-off logs and branch-to-branch movements.
Core Fixed Assets Capabilities
Durable Barcode & RFID Tagging
Industrial metallic, polyester, and tamper-evident QR/barcode tags engineered to survive harsh indoor, outdoor, and data center environments in Kuwait.
Automated Depreciation Schedules
Support for Straight-Line, Declining Balance, Units of Production, and tax books with automatic monthly depreciation calculations and GL journal posting.
Custodian & Branch Transfers
Track employee custody for laptops, vehicles, and equipment with digital handover receipts, branch transfers, and automated custodian clearance workflows.
Maintenance & AMC Contracts
Log preventive maintenance schedules, track repair costs, monitor supplier AMC warranty expiry, and calculate asset total cost of ownership (TCO).
End-to-End Fixed Asset Lifecycle
Tag & Categorize
Initial physical audit, barcode labeling, asset hierarchy tree setup.
Assign & Track
Assign branch, department, and custodian with digital sign-off.
Auto Depreciate
Automated monthly IFRS depreciation & journal posting to General Ledger.
Audit & Dispose
Fast PDA physical verification, revaluation, or gain/loss scrap disposal.
Technical & Integration Specifications
| Feature / Standard | Enterprise Capability |
|---|---|
| Supported Barcode Formats | Code 128, Code 39, QR Code, DataMatrix, GS1-128, EPC Gen2 UHF RFID |
| Accounting Standards | IFRS, IAS 16 (Property, Plant & Equipment), Kuwait Tax Regulations |
| Depreciation Methods | Straight Line, Reducing Balance, Double Declining, Units of Production, Manual Book |
| Scanner Hardware Support | Zebra, Honeywell, Sunmi Android Handhelds, Bluetooth Ring Scanners, iOS/Android App |
| ERP & Financial Integration | Digital53 ERP53, Odoo, SAP Business One, Oracle NetSuite, Excel/CSV Direct Sync |
Ready to Gain 100% Control Over Company Assets?
Request a live on-site demonstration in Kuwait. Our specialists will provide sample barcode tags, handheld scanner demonstrations, and ERP depreciation setup.
Ready to Work, Let's Chat
Our team of experts is ready to collaborate with you every step of the way.