I would like to suggest that you implement grouping of fixed asset.
This way instead of seeing New Fixed asset when you click on the Fixed Asset Tab you will rather see 'New Fixed Asset Group and then in the group you can find and click on ‘New Fixed Asset’. The User can create for following groups for example:
- Furniture and Fittings.
- Motor Vehicles.
The user can then create individual assets in the groups which will make the entering of depreciation of individual fixed asset better and display more details of individual assets.
This Can be applied to intangible asset as well
A user can also create the following groups for example:
- Field Operations Fixed Assets
- Administration Fixed Assets
All will be consolidated into ‘Fixed Assets’ in the Balance Sheet.
When you have to dispose off an asset just go into the Asset’s group find that asset and dispose it off.
For now i have the details of the individual fixed asset on a spreadsheet.