Bring assets on-book, however they arrive.

Create assets against a purchase order, a goods receipt note or a vendor invoice, add them by hand, import them in bulk, or bring in existing assets mid-life with their accumulated depreciation.

  • PO, GRN and invoice routes
  • Opening balances
  • Bulk CSV import
Features

What you can do with Acquisition.

Add assets from purchase orders, goods receipts, vendor invoices, CSV files or opening balances.

01

From a purchase order

Capitalise an asset against a PO, recording the PO number, vendor and date.

02

From a goods receipt

Convert a goods receipt note into a capitalised asset.

03

From a vendor invoice

Create an asset directly from a vendor invoice.

04

Opening balances

Bring in an existing asset with its accumulated depreciation and the periods already booked.

05

Manual addition

Add an asset by hand, with its salvage value and depreciation method.

06

Bulk import & export

Download the template, import assets from a CSV file and review the result.

Why it matters

Know where every asset came from.

Each acquisition route keeps its own history, so you can trace an asset back to the PO, goods receipt or invoice behind it.

  • Source references kept with the asset
  • History screens for each route
  • Mid-life onboarding for existing assets
  • CSV template for large migrations
How it works

Acquisition, step by step.

  1. 1

    Choose a route

    PO, GRN, invoice, manual or CSV.

  2. 2

    Enter details

    Add the reference, category, amount and date.

  3. 3

    Create

    The asset joins the register with its source recorded.

  4. 4

    Review

    See history by route, with each asset’s status.

FAQ

Acquisition questions, answered.

We already own assets. How do we bring them in?

Use Opening Balance to enter the cost, purchase date, accumulated depreciation and periods already booked. Use Bulk Upload for larger lists.

Can we import from a spreadsheet?

Yes. Download the CSV template, fill it in and import it. The screen shows you the result.

Which details do we need for a PO-based asset?

The PO number and vendor, the asset name and category, the gross amount and the purchase date.

More in Assets

Explore other Assets modules.

Acquisitions, depreciation, maintenance, movements and disposals all work from the same asset record.

Asset RegisterOne searchable record of every fixed asset, with status, value, location and documents. DepreciationParallel books, SLM, WDV and more, statutory rate-packs, simulation and GL posting. Lease RegisterRecord leases with right-of-use assets and lease liabilities, supporting IFRS 16 and Ind AS 116. Insurance & WarrantiesPolicies, warranties, claims and certificates, with coverage totals and expiry alerts. Grants & FundingFunding envelopes, allocations to assets, utilization and deferred income under IAS 20. Software LicensesTrack software seats, costs and expiry dates, assigned to devices or people. Transfers & CustodyMove assets between locations, departments and custodians, with approvals and history. Revaluation & ImpairmentRevalue assets, recognise and reverse impairment, and manage retirement obligations. MaintenancePreventive plans, work orders, service contracts, spare parts, repairs and cost tracking. Meters, Downtime & CalibrationUsage meters, downtime episodes, MTBF and MTTR, and calibration certificates. DisposalSell, scrap, write off or partly dispose of assets, with gain and loss calculated. Physical VerificationQR tags, mobile scanning, physical counts and variance reports against the register. Location & Linear TrackingGPS fixes, geofence breach alerts, scan history, and chainage for pipelines and roads. Reports & AnalyticsDashboard, register, schedule, aging, GL reconciliation, deferred tax, query builder and BI exports. Approvals & ControlsMulti-step approvals, change history, period lock, currencies, custom fields and webhooks.

See Acquisition in action.

Book a free Assets demo and we will walk you through acquisition using scenarios from your business.