Your insurer won't pay what you paid — they'll calculate depreciation first, then make you an offer. faManager runs the same math, so you know the real number before a claim, not during one. The same approach applies to loan applications and estate planning: banks and executors need depreciated values, not purchase receipts.
Only 47% of homeowners have documented what they own. After a fire, flood, or theft, the proof of what you owned is gone too. 2024 was the worst year for insured damage in Canadian history — over $8.5 billion in losses. Most of the people filing those claims had nothing written down.
That $2,400 laptop from four years ago? Your insurance company will depreciate it before calculating your payout. Without your own depreciation data, you have no way to verify their number — or challenge it. Actual Cash Value is what matters, and it's always less than the purchase price.
Banks need current depreciated values for loan applications. Estate executors need acquisition dates and depreciation history for probate. Insurance adjusters need methodology. A spreadsheet of purchase prices recalled from memory doesn't satisfy any of them.
Most home inventory apps store what you paid and call it a day. faManager calculates what your items are worth today using the same daily depreciation methodology used by accounting professionals — exact day counts, not monthly estimates.
Choose straight-line or declining balance depreciation. Track market values alongside book values. Generate reports as of any date, for any period. The same engine that powers our business plans, scaled down for personal use.
Depreciation calculated using exact day counts between dates. No monthly rounding, no estimates — the same accuracy our business clients rely on.
Enter what items are worth on the open market and compare to their depreciated book value. The Market Value report shows the gap for every asset.
PDF and CSV reports formatted for insurance adjusters, bank loan officers, and estate lawyers. Five report types including market value comparison.
Generate a report as of any date — last Tuesday, six months ago, or today. No waiting for month-end, no custom spreadsheet formulas.
After a total loss, your insurer calculates Actual Cash Value — replacement cost minus depreciation. That's the number that determines your payout. faManager runs the same depreciation math, so you can verify every line item on the adjuster's report. Document before a claim, not after.
Banks and lenders require personal asset schedules showing current values when you apply for business loans, home equity lines, or mortgage renewals. A professional report with acquisition dates, depreciation methodology, and net book values is what they actually review — not a list of what you remember buying.
Executors need more than a list of belongings. Probate requires current values, acquisition dates, and a defensible valuation method. A formal asset register with depreciation history makes estate distribution straightforward and reduces disputes between beneficiaries.
Enter items with their purchase date, cost, and depreciation rate. Start with high-value items like electronics, appliances, furniture, and tools. Add more whenever you think of them — there's no batch-entry requirement.
Depreciation runs automatically using exact day counts. Your net book values update every day. No formulas to maintain, no spreadsheets to recalculate, no month-end process to run.
Generate a professional PDF or CSV report for your insurer, bank, or lawyer. Pick any date range. Download or print — the report is formatted and ready to submit as-is.
2024 was the worst year for insured damage in Canadian history. The Insurance Bureau of Canada recommends every homeowner maintain a current contents inventory. faManager is designed for Canadian homeowners and hosted on Canadian servers — your data never leaves the country.
Start Your Free TrialStart free with 50 assets and add the rest over time. If you ever have to file a claim, the report is ready.