Effectively Manage Your Fixed Assets on Petrofly's Secure Cloud Platform
Asset Depreciation
Whether international or domestic, oversee the book and tax depreciation of all assets side by side. Depreciation calculations on Petrofly are up-to-date with statutory regulations.
Asset Organization
Ensure assets are in their proper location with GPS tracking and automatic record-keeping. Easily perform audits with RFID or barcode scanning.
Cloud Capability
Our cloud platform not only guarantees that all asset information is up-to-date across your company but also allows you to manage and control your assets from anywhere.
An Easy-to-Use and Robust Suite to Track and Manage Your Fixed Assets Effectively
Tax Regulation Compliance
All calculations done by the system are verified and compliant with all tax standards by our staff of industry experts. For example, MACRS depreciation is automatically calculated based on the asset's class and lifetime determination per IRS standards.
Maintenance & Auditing
Petrofly provides automated alerts and notifications to keep your team up-to-date on maintenance and auditing schedules. Track and manage maintenance details for each individual asset throughout its lifecycle. Auditing is a breeze with built-in scanning and locating features.
Tracking and Traceability
Efficiently manage and track your assets across any number of locations. Easily trace each movement and adjustment of your asset throughout its lifetime. GPS tracking is also available for real-time tracking.
Accounting Integration
Whether you are using Petrofly's accounting suite or another software, we can work with and communicate with it to provide detailed journal entries for the depreciation of your assets.
Advanced Cloud Platform for Fixed Assets
Securely manage your assets from anywhere in the world with advanced cloud software. Easily track and manage book and tax depreciation side by side for all fixed assets within your company. Stay up-to-date with each asset's location and performance with GPS tracking and detailed record-keeping procedures.
Asset Register
Manage assets on a detailed asset register with customizable search filters.
Learn MoreAsset Auditing
Efficiently schedule and conduct asset audits with RFID and barcode scanning capability.
Learn MoreDepreciation Tracking
Track and manage asset depreciation by location and view book and tax depreciation side by side.
Learn MoreDepreciation Projection
Perform book and tax depreciation projections for assets effortlessly.
Learn MoreAsset Disposal
Record asset disposals individually or by asset groups with automatic gain or loss calculations.
Learn MorePut Wings on Your Operation Today with Petrofly
Petrofly's fixed asset suite makes it easy to calculate and manage book and tax depreciation side by side, as well as track gain or loss from asset disposals by individual assets, asset groups, or accounts. Our streamlined asset auditing system is integrated with RFID and barcode capability.
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