The accounting position
Monthly depreciation, revaluations and impairments. Follow each asset from acquisition to disposal, with its history in one place.
IFRS asset register
Two sets of numbers.
One register.
An asset carries an IFRS carrying amount and a SARS tax base, which can differ. AssetBridge keeps both on the same asset, every month, through to the year-end movement schedule.
- IAS 16
- book depreciation
- 11(e) · 12B · 12C
- SARS allowances
- Deferred tax
- temporary differences
Built for South African finance teams
- IFRS / IAS 16
- SARS allowances
- PDF & Excel
- Optional Xero integration
The complete picture
One asset. Every position accounted for.
The financial statements and the tax return ask different questions. Keep both answers connected to the asset they belong to.
The tax position
SARS allowances alongside the same asset. Track its tax base, temporary differences and deferred tax without maintaining a second spreadsheet.
SARS tax register
The connection to your ledger
Work in AssetBridge on its own, or connect Xero to import assets, send journals and compare the register with your general ledger.
Optional Xero integration
Through the life of an asset
A register that keeps up with the business.
Equipment ages. Useful lives change. Assets move on. Keep the accounting and tax treatment connected as the business evolves.
- Capture once
- Add assets individually, migrate a CSV register, or import from Xero.
- Keep the history
- Track changes to asset values and classifications, with an audit trail of who changed what.
- Review before posting
- Draft journals for review, with manager approval for significant changes.
- Close with confidence
- Freeze year-end movements and protect completed periods with a lock date.
A familiar workflow
From the first entry to the final schedule.
Start with the information you already have. Build a clear, reviewable record as you go.
Capture assets in the app, import a historical register from CSV, or connect a Xero organisation. Existing spreadsheet balances can also be mapped onto Xero-imported assets.
Choose the depreciation method, useful life or rate, and the relevant SARS section. Bulk editing lets you apply the same treatment across a group of assets.
Calculate monthly IFRS depreciation and annual tax allowances. Review category-level journals in the app, with eligible journals sent to Xero as drafts when connected.
Revalue or impair an asset, revise its useful life, reclassify it, or record a disposal. Keep the supporting history with the register.
Roll forward the register, snapshot the movement schedule, and set a period lock. Export the supporting schedules to PDF or Excel.
For businesses managing their own assets.
Pricing
Priced around your register.
What you pay depends on how many companies and assets you carry, so we would rather hear about yours than guess at a tier.
One account, every client company.
A practice holds all of its client companies together. Move between them without signing out, and keep each register separate.
- Add as many client companies as the practice carries
- Switch company from anywhere in the app
- Invite your team once, then give each person a role per company
- Practice managers reach every company without being added to each one
- Billing and the subscription sit with the practice
Practice account
Contact us
Tell us about your register and we will come back with a figure.
Included for every account
- IFRS asset register (IAS 16)
- SARS tax register — 11(e), 12B, 12C, 13(1) and more
- Deferred tax at the 27% corporate rate
- Monthly depreciation and annual allowance runs
- Year-end rollforward and movement schedule
- Period lock and a full audit trail
- PDF and Excel reports
- Optional Xero integration