Twist ERP
Twist ERP
AI-Powered Business Ecosystem

Asset Management

Track, depreciate, and control assets from acquisition to disposal.

Maintain a single asset register with locations, custodians, maintenance, and financial controls. Depreciation and disposals post straight into Finance with full audit.

Link assets to projects, cost centers, and branches, and keep insurance, warranties, and service schedules in one place.

Twist ERP preview

What you get

Lifecycle control that satisfies finance, operations, and audit teams.

Unified asset register

Track ownership, location, custodian, photos, documents, and insurance details in one place.

Depreciation & books

Straight-line or declining methods, multiple books if needed, with automated journal postings.

Maintenance & compliance

Schedules, service history, and warranty tracking so critical assets stay compliant.

Movement & disposal

Transfers, temporary assignments, impairments, and disposals with approval and audit trail.

Core workflows

Keep assets reconciled with Finance and operations.

Create & classify

  • - Capture cost, location, custodian, warranty, and tags.
  • - Classify for depreciation rules and COA mapping.

Depreciate & post

  • - Run depreciation schedules automatically.
  • - Post journals to Finance by company, branch, or project.

Transfer & assign

  • - Move assets between sites or custodians with approvals.
  • - Track temporary issues and returns.

Maintain & inspect

  • - Schedule and log maintenance with documents.
  • - Record inspections and compliance certificates.

Impair & dispose

  • - Handle write-downs, disposals, and sale proceeds.
  • - Post gains/losses and update asset status.

Audit & reconcile

  • - Physical verification checklists and variance tracking.
  • - Reconcile register to GL with drill-down.

Need clean asset books and compliance?

Keep asset lifecycle, depreciation, and maintenance aligned with Finance and audits.