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Fixed Assets

Manage every asset from purchase to disposal

Keep a complete, accurate asset register. Automate depreciation, assign locations and custodians, handle revaluation and disposal — all linked straight to your general ledger.

15,000+ businessesUAE FTA · tax & e-invoicing ready
Capabilities

Everything you need in one module

Asset register

A complete record of every asset with categories and details.

Automatic depreciation

Multiple depreciation methods with scheduled, automatic postings.

Locations & custodians

Know where each asset is and who is responsible for it.

Revaluation

Revalue assets and keep book values accurate over time.

Disposal & sale

Handle sale, scrapping and disposal with correct gains or losses.

Asset reports

Full reporting, all linked to the general ledger.

Register and classify

Build a clean asset register with tags, categories and the people responsible.

  • Categories, groups and barcodes/tags
  • Purchase details and warranties
  • Custodians and assigned locations
Register and classify

Depreciate automatically

Set methods and schedules once, and let postings flow to the ledger on time.

  • Straight-line and other methods
  • Scheduled, automatic GL postings
  • Per-asset depreciation history
Depreciate automatically

Control and audit

Transfers, revaluation, disposal and physical counts keep your register trustworthy.

  • Asset transfers between locations
  • Revaluation and impairment
  • Physical asset count and audit
Control and audit
Who it's for

Built for your sector

Manufacturing Hospitality Healthcare Education Government Corporates
Why Phenix

Part of one integrated system

One integrated system

Connected to accounting, inventory and POS in real time.

Tax & e-invoicing ready

Certified by the UAE Federal Tax Authority (FTA), ZATCA, the Egyptian Tax Authority and TSE Germany.

Work from anywhere

Powerful mobile apps and full web access on any device.

Questions

Frequently asked questions

Straight-line and other common methods, with scheduled automatic postings per asset.

Yes — tag assets with barcodes and run physical counts to keep the register accurate.

It is — purchases, depreciation, revaluation and disposals post automatically to the general ledger.

Ready to streamline your business?

Request a quotation and see Phenix working on your activity's data.