What is the Asset Management app in Snad?

An app to manage your organization's fixed assets: register assets, calculate depreciation automatically, and track custody, maintenance, transfers and counts — posting the accounting entries directly into Snad's accounting.

How is depreciation calculated and when is its entry posted?

It is calculated on a straight-line basis over the useful life, and the monthly depreciation entry (Dr Depreciation Expense / Cr Accumulated Depreciation) is posted automatically at month end, respecting the open financial period.

Are the accounting entries automatic?

Yes. Capitalization on asset add, monthly depreciation, and disposal gain/loss are all posted automatically to the general ledger and appear in the income statement and balance sheet.

Can I track employee custody and asset maintenance?

Yes. Each asset can be linked to a responsible employee with a handover/return log, and maintenance work is recorded with reminders for upcoming dates.

What is the difference between asset management and inventory?

Inventory is for goods held for sale (expensed as cost of goods sold), while fixed assets are capitalized and depreciated over their useful life — such as vehicles, devices, furniture and equipment.

Asset Management App

A complete fixed-asset solution: register your assets, auto-calculate monthly depreciation with its journal entry, and track custody, maintenance, transfers and counts — all connected directly to your accounting in Snad.

Start Now Accounting App

Screenshot of the Snad app - Asset Management App

From registering an asset to disposal — a full cycle connected to accounting

A full asset register with QR codes and net book value

Print a QR label for each asset to speed up physical counts, and link the asset to its branch and the responsible employee.

Automatic depreciation with a monthly journal entry

Depreciation is calculated automatically on a straight-line basis, and its monthly entry (Dr Depreciation Expense / Cr Accumulated Depreciation) is posted with no manual work.

A clear depreciation schedule per asset, respecting closed financial periods and preventing double posting.

لقطة شاشة لميزة Automatic depreciation with a monthly journal entry في تطبيق سند

Key Features

Employee custody and accountability tracking

Maintenance log and reminders

Asset transfers between branches and custodians

Asset counts via barcode / QR

The asset lifecycle, tied to accounting

Three automatic entries follow the asset from purchase to disposal.

Recorded with a QR code, and the capitalization entry posts automatically.

Monthly depreciation

An automatic monthly straight-line entry.

Custody and maintenance

Track the holder and the maintenance log with internal reminders.

Disposal

A gain or loss entry appears in the income statement and balance sheet.

So the asset register always matches your books.

From registering an asset to disposal — a full cycle connected to accounting

Automatic depreciation with an auto journal entry, real-time reports, and custody, maintenance and count tracking — in one app within Snad.

Automatic straight-line depreciation with a monthly journal entry

Automatic capitalization entry when an asset is added

Reports: asset register, depreciation schedule, NBV by category, and disposal

QR / barcode label for every asset

Employee custody with a handover and return log

Maintenance log with upcoming-service reminders

Asset transfers between branches and custodians with a movement log

Field counts via scanning, connected to your accounting in Snad

Available on every plan

Every Snad app is available on every plan, without exception. Plans differ in user count, how many apps you enable at once, e-invoicing options, and the watermark.

And the Starter plan begins at zero riyals.

Compare plans

Frequently asked questions about fixed-asset management

Try Snad on your real business

Every Snad app is available on every plan. Start 30 days free with no credit card, and enable the ones you need.

Start Now Pricing

Discover our apps

Sales App

A complete system for managing sales operations, invoicing, and organizing customer data, helping you track daily performance and analyze sales easily.

Learn More

Accounting App

Control all your financial operations from one place. Provides accurate reports, debit and credit account management, and automatic integration with sales and purchases.

Learn More

Inventory App

Track product movements in warehouses with accuracy, from receiving to dispatching. Offers smart alerts for low quantities and reduces inventory errors.

Learn More

POS App

A fast and easy-to-use interface designed to streamline sales operations in branches and stores.

Learn More

Purchase App

Full control over purchase orders, from request to receipt. Track suppliers, manage purchase invoices, and analyze spending accurately.

Learn More

Calendar and Tasks App

An integrated calendar and tasks app to easily organize your daily appointments and tasks, helping you track important dates, meetings, and assignments.

Learn More

HR App

A complete solution for managing employees, attendance, payroll, and leave. Everything you need to organize the work environment and improve operational efficiency.

Learn More

Bookings App

Manage appointments with an online booking page and email & WhatsApp reminders — and turn every booking into a ZATCA-compliant invoice.

Learn More