Fixed-asset depreciation.
Zero manual effort.
Capitova connects every asset-tracking system to every accounting ledger — automatically calculating AASB-compliant depreciation and posting balanced journal entries without anyone touching a spreadsheet.
🔒 On-premise · no telemetry · your data never leaves your network
Built for asset-heavy enterprise
Asset data lives everywhere.
The ledger needs it in one place.
Every month, finance teams pull data from multiple systems, recalculate depreciation in spreadsheets, and manually type journal entries into their ERP. One wrong formula cascades for years.
Fixed-asset registers are a recurring theme in public-sector and corporate audits — inconsistent methods, missing assets, and calculations that can't be traced. Capitova is built to eliminate this category of finding.
Data in many systems
SAP, Maximo, ServiceNow, fleet and property platforms — each holds part of your register.
Spreadsheet calcs
Hard-coded formulas copied month to month. One wrong cell corrupts the year.
Manual journals
Days each month rekeying figures that should take seconds.
Audit findings
Inconsistent methods, missing assets, untraceable calculations — recurring issues.
Every other tool stops short of the ledger.
Asset tools don't post to ledgers. ERP modules only see their own assets. Capitova bridges whatever you have to wherever you post.
Multi-source normalisation
Any column from any system maps to the Capitova CDM. The engine always sees one standard, wherever the data came from.
Methods + custom formulas
Straight-line, 200% & 150% declining, units of production, sum-of-years-digits — plus a custom-formula engine (rail track-km, flight cycles, engine hours).
AASB 112 deferred tax
Book and tax depreciation in parallel. Temporary differences tracked per asset. DTL/DTA journals posted automatically.
AASB 116 disposals
Full lifecycle — Active → Held → Sold — with automatic gain/loss and a held-for-sale state that stops depreciation.
AASB 16 leases
Right-of-use asset and lease liability, full amortisation, and the three monthly journals. Short-term and low-value exemptions handled.
ATO Division 40 & 43
Tax decline in value, capital works (2.5%/40yr or 4%/25yr), simplified-depreciation pools, balancing adjustments, leap-year daily method.
Tax-vs-book reconciliation
A per-asset matrix of financial depreciation vs tax decline in value — the exact figures for the corporate tax schedule.
Approval gate
No journal posts without Finance Manager sign-off. Segregation of duties enforced on every run, in code.
7-year audit trail
Every calculation, journal line and approval written to an INSERT-only audit table. One query answers any auditor request.
Three steps. Fully automated.
Capitova sits between your asset systems and your general ledger — it normalises, calculates and posts, with no one in between.
Connect your sources
CSV, Excel, XML, JSON, SQL databases, SFTP and REST APIs. Capitova handles every format your systems produce.
Engine calculates
Book depreciation (AASB 116), leases (AASB 16), deferred tax (AASB 112) and ATO tax decline in value (Div 40 & 43) — all in parallel, with per-asset error isolation.
Approve and post
Your Finance Manager reviews, approves, and Capitova posts balanced journals to Xero, SAP, Oracle, or any ERP.
Asset sources — IN
ERP targets — OUT
Purpose-built for the whole job.
| Capability | Capitova | Asset register tools | ERP module | Spreadsheets |
|---|---|---|---|---|
| Posts balanced journals to any ERP | ✓ | ✗ | own ledger only | ✗ |
| Book & tax depreciation in parallel | ✓ | ✗ | add-on | manual |
| AASB 112 deferred tax automated | ✓ | ✗ | ✗ | manual |
| AASB 16 lease ROU & liability | ✓ | ✗ | separate module | ✗ |
| ATO Div 40 + Div 43 capital works | ✓ | ✗ | ✗ | manual |
| Tax-vs-book reconciliation report | ✓ | ✗ | ✗ | manual |
| 7-year immutable audit trail | ✓ | varies | varies | ✗ |
| On-premise — data never leaves | ✓ | often cloud | varies | ✓ |
Based on the typical capability of fixed-asset registers, ERP depreciation sub-ledgers and manual workpapers.
Built for Australian accounting standards.
Capitova applies the correct standard for every asset class and calculation — purpose-built for Australia, not adapted for it.
AASB 116
Property, plant & equipment
AASB 112
Income taxes — deferred tax
AASB 16
Leases — ROU & liability
AASB 138
Intangible assets
ATO Div 40
Plant & equipment decline
ATO Div 43
Capital works (2.5% / 4%)
Div 328
Simplified depreciation pools
TPP 21-01
NSW Treasury policy
The book-to-tax bridge, built into the engine.
Most asset tools stop at accounting depreciation. Capitova runs the financial books and the ATO tax position in parallel — so timing differences, balancing adjustments and tax-return labels fall out automatically.
The books — AASB
AASB 116 depreciation and disposals, AASB 16 leases with interest unwind, and AASB 112 deferred tax on every temporary difference — with componentised assets and salvage floors.
The tax position — ATO
Division 40 decline in value on a separate tax base, Division 43 capital works, simplified-depreciation pools, balancing adjustments and the leap-year-aware daily method.
Reconciliation & lodgement
A per-asset tax-vs-book matrix, a reconciliation schedule, and Company Tax Return label mapping — every figure traced to the immutable audit trail and exported to CSV.
One register. Every jurisdiction. One group.
Hold assets in Australia, the USA, Brazil and beyond? Capitova v2.0 depreciates every asset under the rules of the country that holds it, then consolidates the group into one presentation currency — book, tax, FX and deferred tax, in a single run.
Multi-book engine
One asset under several parallel books — local GAAP, group IFRS and local tax — computed together in a single run.
16 jurisdictions
USA (MACRS), Brazil (Receita) and Australia (Div 40) as full code packs, plus 13 data-pack countries. Adding a country is a config entry, not code.
Currency consolidation
IAS 21 translation into one presentation currency, with the translation reserve (CTA) and day-weighted mapping across mismatched fiscal years.
Multinational capabilities are part of the Capitova v2.0 line. Choose Single Entity or Multinational at login.
Your infrastructure. Your control.
Capitova runs inside your network. No data leaves your environment. Choose the model that fits your IT policy.
On-premise web app
Full web interface on your server — finance teams use a browser, no desktop software. Windows Server or Linux, SQLite or PostgreSQL, single install script, no internet required.
Docker
Containerised stack — PostgreSQL, Nginx, API and React UI. One command (docker compose up -d) deploys everything, with a reverse proxy included.
Enterprise CLI
Command-line tool for IT teams integrating Capitova into automation pipelines. Python 3.11+, scriptable and schedulable, 12 built-in report types, cron or Task Scheduler.
Start with a paid, zero-risk pilot.
We're taking on a small number of design partners before FY-end. Every engagement runs on your data, on your infrastructure — priced to your scope.
Design Partner
- One entity or asset class, end to end
- Run in parallel with your current process
- Reconciled against your own actuals
- Pilot fee credited to your licence on conversion
- Locked pricing & roadmap input (first cohort)
Single Entity
- AASB 116 / 112 / 16 book depreciation
- ATO Division 40 / 43 & simplified pools
- Tax-vs-book reconciliation & CTR mapping
- Approval gate, audit trail, ERP posting
- MSAD / Azure AD single sign-on
Multinational
- Everything in Single Entity
- Multi-book engine — local GAAP, IFRS, local tax
- 16 jurisdictions incl. US MACRS & Brazil SPED
- IAS 21 currency consolidation & CTA
- Per-country fiscal calendars
The depreciation problems we solve.
AASB 116 vs ATO Div 40
Why the book and the tax base diverge — and how the temporary difference should fall out of the engine, not a year-end spreadsheet.
Reconciling SAP + Maximo
What multi-source normalisation actually means when your register lives across an ERP, a maintenance system and legacy files.
What auditors look for
The recurring fixed-asset findings — untraceable methods, missing assets — and the audit trail that answers them on the spot.
See Capitova on your data.
Tell us your asset systems and target ledger, and we'll run Capitova against a sample of your actual data before the meeting ends. Or try the live demo right now — no login.
Try the live demo