Most fixed asset tools round to the nearest month. faManager calculates depreciation for every single day you own an asset — eliminating the rounding errors that quietly distort your books.
A $100,000 asset acquired on March 15 with a 20% declining balance rate. Your software rounds to the nearest month. Ours doesn't. After one year, the difference is real — and it compounds.
faManager does one job: track your assets and get the depreciation right, down to the day. The reports and journal entries follow from that.
Total acquisition cost, net book value, period depreciation, and fully depreciated assets — all in one view. Track trends over 12 months. See which categories carry the most value. Know where to look before anyone asks.
Summary, Detailed, Additions, Disposals, Market Value, Location, and Parent-Child reports.
Not limited to month or quarter boundaries. Pick any start and end date — mid-month, mid-week, any period.
Print-ready PDF reports with your company branding, plus CSV export for spreadsheet analysis.
Filter by category, location, status, or any custom field. Sort by any column.
Summary, Detailed, Additions, Disposals, Market Value, Location, and Parent-Child reports. Not limited to month or quarter boundaries — pick any start and end date. Export to CSV or PDF, print-ready with your company branding.
DR Depreciation Expense, CR Accumulated Depreciation — grouped by category with GL codes.
Automatically calculate gain or loss on disposal with proper debit/credit entries.
Each category maps to your chart of accounts. Entries are ready to post to your general ledger.
Generate entries for any period — monthly, quarterly, annually, or custom date ranges.
Generate periodic depreciation entries and disposal entries automatically. Grouped by category with GL codes. DR Depreciation Expense, CR Accumulated Depreciation — ready to post directly to your general ledger. No manual calculations.
Create, edit, copy, split, dispose, and undo disposal. Every action logged in the audit trail.
Attach notes, images, and documents to any asset. Keep everything in one place.
Every action logged with user attribution and timestamp. Full accountability and compliance.
Custom fields let you track what matters to your business — serial numbers, warranties, anything.
Create, edit, copy, split, dispose, and undo disposal. Attach notes, images, and documents. Organize by category, location, and parent-child relationships. Custom fields let you track what matters to your business.
Straight-line and declining balance calculated to the exact day. No monthly rounding. No annual estimates.
Summary, Detailed, Additions, Disposals, Market Value, Location, and Parent-Child — all for any arbitrary date range. CSV and PDF export.
Every query is scoped to your company. Invite your accountant with their own role. Firms managing multiple clients get multi-company from one dashboard.
Every action logged with user attribution and timestamp. Asset creation, edits, disposals, user changes — all tracked for compliance and accountability.
You don't need an ERP. You need to know what you own, what it's worth today, and what to tell your accountant at year-end. faManager handles the depreciation math so you can focus on running your business.
Manage fixed assets across every client company from a single dashboard, and run every client's month-end depreciation entries in one sitting.
This web based program is powerful, easy to use, and most importantly, gives us the information we need.
faManager is built by Cloudtric Inc. in Brandon, Manitoba. Your data stays in Canada, your support is in your time zone, and your software understands Canadian business.
Your data is hosted on Canadian servers. Full PIPEDA compliance. No cross-border data transfers.
Depreciation starts the day an asset enters service — not rounded to the month. A true net book value on any given day, not just at month-end.
Real people in a Canadian time zone who understand your fiscal year conventions and accounting workflows.
14-day free trial. Setup in under 5 minutes.