Every asset tracked, automatically.
Keep every fixed asset, its cost, and its depreciation in one place. Bluubin's built-in asset register tracks purchase details, useful life, and straight-line depreciation automatically, so your balance sheet stays accurate and your year-end is a whole lot easier.
Fixed assets have a habit of living in a forgotten spreadsheet until year-end, when depreciation suddenly has to be reconstructed by hand. Bluubin's fixed asset register keeps every asset — its cost, useful life and depreciation — in one place, right alongside your accounting.
Straight-line depreciation is calculated automatically each period, so your balance sheet stays accurate all year and year-end is far less painful. It's asset register software that gives you a complete, audit-ready view of what you own and what it's worth.
Centralised Asset Tracking
The asset register is a single hub for all your company's fixed assets. It holds detailed records for each one — purchase date, cost, depreciation rate, useful life, and current valuation — so you have a complete picture of your tangible resources in one place.
Automated Depreciation
Set each asset's useful life and Bluubin calculates straight-line depreciation automatically, applying it consistently period after period. This removes the manual maths and the errors that come with it, and keeps your figures aligned across your balance sheet, profit and loss, and general ledger.
Asset Management
Use the register to evaluate how assets are performing, spot ones that are underused or past their best, and make informed calls on maintenance, upgrades, or disposals. Because it's cloud-based, those insights are available whenever and wherever you need them.
Audit-Ready Records
A clear, organised asset record makes audits and year-end far less painful. Bluubin keeps every asset and its depreciation tidy and traceable, giving your accountant a reliable base to work from, including the depreciation figures they'll adjust for SARS wear-and-tear allowances at tax time.
Key Benefits
Frequently asked questions
What is an asset register?
An asset register is a central record of a business's fixed assets, capturing details like purchase date, cost, depreciation, and current value. Bluubin builds this into its accounting platform, so your asset values feed directly into your financial statements.
What depreciation method does Bluubin use?
Bluubin calculates straight-line depreciation based on the useful life you set for each asset, applying it automatically and consistently each period.
Does the asset register handle SARS tax depreciation?
Bluubin tracks accounting depreciation and keeps clear, organised records for each asset. Your accountant uses these as the basis for any SARS wear-and-tear adjustments at tax time.
Can I track an asset's current value?
Yes. As depreciation is applied each period, the register keeps each asset's current book value up to date, so you always know what your assets are worth on the books.
Does the asset register help with audits?
Yes. By keeping a detailed, traceable record of every asset and its depreciation, Bluubin makes audits and year-end far smoother, with accurate valuations ready to produce on demand.
Do I need separate fixed-asset software?
No. The asset register is built into Bluubin's accounting platform, so asset costs and depreciation feed straight into your financial statements — there's nothing extra to buy and nothing to reconcile between two systems.
Is the asset register suitable for small South African businesses?
Yes. It's cloud-based and part of Bluubin's South African accounting software, so a small business gets a proper fixed-asset register without the cost or complexity of a standalone system.
Does Bluubin number assets automatically?
Yes. Asset numbers are generated automatically, so every asset is uniquely identified and easy to trace without you having to maintain a manual numbering system.
Related Features
Keep track of the important things.
Try Bluubin's asset register software free for 30 days, no credit card required.
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