Asset Management Software

Yes. Daftra is built for and around customization. In addition to built-in custom fields, filters, date ranges, account categories, and more, we are happy to further customize our offering to suit every specific business need.

Yes-and we provide it forever.
Our customers grow and during any growth journey, enterprise data grows in leaps and bounds. If not maintained and backed up as and when needed, data may be a break of any business. That is why, data backup is simply a no brainer, a given for us at Daftra to help every customer grow safely, securely, and quickly.

Yes. If you have already added an asset, all you need to do is getting accurate salvage value of your asset using your chosen Depreciation Method (Straight-Line, Declining Balance, Units of Production, or Without Depreciation). If you have a newly acquired asset or an existing asset you have not added yet, all you need to do is adding all necessary asset info such as Purchase Date, In-Service Date, Purchase Amount, Cash Amount, etc., and follow same procedures as with a registered asset.

Yes. You can easily calculate fixed asset depreciation through Daftra's asset management feature. Once you add a new asset, the system automatically calculates the depreciation value based on the selected depreciation method.

You can also set the depreciation start date, end date, and recurring period (daily, weekly, monthly, yearly), after which depreciation is applied automatically each cycle.

Daftra supports three asset depreciation methods:

Straight-Line: a fixed amount is deducted from the asset's value at each depreciation cycle.

Declining Balance: the depreciation amount is higher at the start of the asset's life and gradually decreases over time, since a fixed percentage is applied to the remaining book value after prior depreciation is deducted.

Units of Production: a total number of units and a cost per unit are defined, and depreciation is calculated based on actual usage. Note: this method isn't applied automatically and requires manual entry.

Revaluation: you can revalue the asset and manually enter a new value, on which subsequent depreciation is then calculated.

Sell: you can sell the asset and record the sale for accounting purposes, whether it results in a profit or a loss. Simply specify the sale price, date, any applicable taxes, and the debit account — once the transaction is complete, the asset's status changes to "Sold," and its current value becomes zero.

Yes, and the accounting integration here is solid. Assets are posted to the account they belong to, such as furniture, buildings, or machinery, and you'll find a ready-made, organized chart of accounts you can start working with right away, without needing to build it from scratch — with full flexibility to edit, delete, or add accounts.

The system also displays, within the asset's file, all journal entries and accounting transactions linked to it, along with its depreciation history for the period.

Yes, Daftra covers the full lifecycle from purchase to disposal. Here's what the system provides at each stage:

The statuses the system tracks for each asset are: In Service → Depreciated → Sold. In the asset's file, you'll find:
A view of the asset's data, including its depreciation history, all journal entries and accounting transactions linked to it, along with the ability to revalue it and enter a new current value.