Cloud-Based Asset and Inventory Management Proven to Optimize Your Business

Depreciation for Asset Tracking

Calculate Asset Depreciation

Depreciation Feature allows the users of the Asset Tracking Solution to calculate the depreciation of assets based on business models and accounting methods.

Users are able to configure the depreciation settings within the Asset Tracking Solution. They may choose exactly how they want to calculate the depreciation of assets and easily compare depreciation methods.

Supports these depreciation methods:

  • Straight-line method
  • Sum-of-years method
  • Double decline method
Depreciation for Asset Tracking

Watch the Video Overview

Learn how asset tracking online with BarCloud brings an enhanced level of control over the depreciation of fixed assets and equipment using the web-based depreciation feature.

Asset Tracking Features

  • Track equipment by location using barcode
  • Track whether equipment is active or inactive
  • Track serial, model, and barcode number
  • Enable data field renaming online
  • Enable addition of new items in the field
  • Conduct standard reports for depreciation
  • Assign equipment categories
  • Reconcile physical asset inventory to book inventory
  • Keep asset pictures, documents & videos online
  • Generate management reports
  • Maintain equipment cost records
  • Record notes for each asset
  • Email and SMS Alerts for Equipment
  • Locate assets on a geographical map
  • Generate the easiest route available to asset location
  • Print barcode labels and catalogs
  • Export data via PDF, Excel, Word, HTML and more
  • Use commercial, off-the-shelf hand-held scanners
  • Work with virtually all types of asset labels
  • Easy to use, menu-driven system
  • No programming required
  • User configurable to your specifications
  • Drag and drop functionality for transactions & menus
  • Easy reference graphical dashboard display
  • Unlimited, customized report editing
  • Schedule and perform asset maintenance
  • Visualize analytical metrics and graphs
  • Use Configurable milestones for asset maintenance
  • Perform asset maintenance on smartphones
  • Import asset data using Google Drive, MS SkyDrive, Box, Dropbox


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