🇦🇺   Built for Australian enterprise compliance

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.

🏦
🏛️
⛏️
Across banking, government, mining and utilities
localhost:8000 — Capitova
Dashboard
Upload File
Runs
Approval Queue
Audit Trail
Reports
ERP Targets
Users
Dashboard — June 2026
Total Depreciation
$4.2M
Assets Processed
3,847
Errors
0
RunEntityChargeStatus
Jun 2026METRO$1.3M
Posted
Jun 2026INFRA$890K
Staged
Jun 2026PROPERTY$2.0M
Pending
Trusted across
Banking State Government Mining & Resources Energy & Utilities Healthcare Universities
The Problem

Asset data lives everywhere.
The ledger needs it in one place.

Every month, Finance teams spend days pulling data from multiple systems, recalculating depreciation in spreadsheets, and manually typing journal entries into their ERP. One wrong formula cascades for years.


The NSW Auditor-General has cited fixed asset management as a material weakness in government financial statements three consecutive years. Capitova eliminates this category of finding.

📁

Data in multiple systems

SAP, Maximo, ServiceNow, fleet systems, property platforms — each holds part of your register.

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Spreadsheet calculations

Hard-coded formulas copied month to month. One wrong cell corrupts the year.

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Manual journal entry

Days each month rekeying depreciation figures that should take seconds.

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Audit findings

Inconsistent methods, missing assets, untraceable calculations — recurring audit issues.

What Capitova Does

Every other tool stops short
of the ledger.

Asset tracking 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 name from any system maps to the Capitova CDM. The engine always sees one standard regardless of where the data came from.

⚙️

6 depreciation methods

Straight-Line, 200% Diminishing Value, Units of Production, Sum of Years Digits, and custom formulas. Correct method per asset, per industry.

🧮

AASB 112 deferred tax

Book and tax depreciation calculated in parallel. Temporary differences tracked per asset. DTL/DTA journals posted automatically.

Approval gate

No journal posts without Finance Manager sign-off. Enforces segregation of duties on every run.

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On-premise deployment

Your data never leaves your network. Deployed inside your infrastructure under your IT team's control.

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7-year audit trail

Every calculation, journal line, and approval written to an INSERT-only audit table. One query answers any Auditor-General request.

How it Works

Three steps. Fully automated.

Capitova sits between your asset systems and your general ledger. It normalises, calculates, and posts — without anyone in between.

1

Connect your sources

CSV, Excel, XML, JSON, SQL databases, SFTP servers, REST APIs. Capitova handles every format your systems produce.

2

Engine calculates

Every asset depreciated with the correct AASB method. AASB 112 deferred tax in parallel. Salvage floors enforced. Per-asset error isolation.

3

Approve and post

Finance Manager reviews in the web interface, approves, and Capitova posts balanced journal entries to Xero, SAP, Oracle, or any ERP.

Asset Sources — IN

SAP Plant Maintenance IBM Maximo ServiceNow CMDB Excel / CSV XML / JSON SFTP REST API SQL Database

ERP Targets — OUT

Xero Accounting QuickBooks Online SAP IDoc / OData Oracle Fusion Cloud Oracle NetSuite Oracle EBS MYOB / Sage GL CSV Export
Compliance

Built for Australian
accounting standards.

Capitova applies the correct standard for every asset class, every industry, every calculation. Not a generic tool adapted for Australia — purpose-built for it.

AASB 116Property, Plant & Equipment
AASB 112Income Taxes — Deferred Tax
AASB 138Intangible Assets
AASB 1049Whole of Government
ATO Div 40Plant & Equipment Depreciation
ATO Div 43Capital Works
TPP 21-01NSW Treasury Policy
AER RABRegulatory Asset Base
Industries

19 Australian vertical profiles.

Each profile includes the correct depreciation methods, accounting standards, GL account structures, and regulatory references for that sector.

🏦
Banking
APRA · AASB 138
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Insurance
APRA · AASB 17
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State Government
TPP 21-01 · AASB 1049
🎓
Universities
TEQSA · DESE
🏥
Healthcare
AHPRA · TGA
⛏️
Mining
NSW Resources Reg
Energy & Utilities
AER · IPART
🛒
Retail
AASB 16 · ACCC
🏭
Manufacturing
Safe Work · TGA
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Construction
Div 43 · AASB 15
✈️
Airlines
CASA
🚢
Shipping
AMSA
🚆
Rail
ONRSR
🚗
Automotive
ATO Div 40
📡
Telco
ACMA · ACCC
🌾
Agriculture
DAFF · AASB 141
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Hospitality
Gaming Commissions
⚖️
Professional Services
CPA Australia
💻
Technology
ASIC · ATO R&D
Deployment

Your infrastructure.
Your control.

Capitova runs inside your network. No data leaves your environment. Choose the deployment model that fits your IT policy.

🐳

Docker

Fully containerised stack. PostgreSQL, Nginx, API, and React UI — one command deploys everything.

  • docker compose up -d
  • Auto database provisioning
  • Scales to 500,000+ assets
  • Production PostgreSQL
  • Reverse proxy included
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Enterprise CLI

Command-line tool for IT teams integrating Capitova into existing automation pipelines and schedulers.

  • Python 3.11+ only
  • Scriptable and schedulable
  • 8 built-in report types
  • Cron / Task Scheduler
  • No browser required
Early Feedback

Finance teams love
getting their time back.

★★★★★

"We had four accountants spending three days every month on depreciation. Capitova runs the entire register in under ten minutes and posts directly to Xero. Those three days are now spent on actual analysis."

S
Finance Director
ASX-listed infrastructure company
★★★★★

"The Auditor-General flagged our fixed asset register three years in a row. After Capitova, the last audit produced zero findings in that category. The 7-year audit trail answered every single question on the spot."

M
CFO
NSW Government agency
★★★★★

"We have assets in SAP, Maximo, and three legacy systems. No other product could pull from all of them. Capitova normalised everything in the first run and our IT team barely had to do anything."

R
IT Manager
Mining & resources company, WA
FAQ

Common questions.

We already have SAP. Our depreciation runs automatically. Why do we need Capitova?
SAP Asset Accounting handles the assets that are in SAP perfectly. The question is — what percentage of your total asset base is actually in SAP? IT assets are typically in ServiceNow, fleet vehicles in a fleet management system, and recently acquired subsidiaries still on legacy platforms. Capitova connects the assets your ERP does not know about.
Does our data go to the cloud?
Never. Capitova runs entirely on-premise inside your network. Your asset data, journal entries, and audit trail are stored on your infrastructure under your control. The product has no telemetry, no phone-home, and no external dependencies at runtime.
How long does implementation take?
For a standard implementation — one asset source, one target ledger — we are typically live within four to six weeks. For multi-system enterprise environments, eight to twelve weeks. The majority of that time is data mapping and validation, not technical work.
What if the depreciation calculation is wrong?
The engine cannot post a journal entry that does not balance — debits must equal credits before anything is written to your ledger. That is a hard rule enforced in code. Beyond that, every run goes through an approval gate where your Finance Manager reviews the figures before a single entry posts. If an asset has bad data, it is isolated with a clear error message. The other assets still process correctly.
Can we use a custom depreciation formula?
Yes. The web interface includes a formula builder with seven base types: custom DV rate, custom SL rate, Units of Production, Seasonal (zero charge in idle months), Condition-Adjusted, Lease Term (AASB 16), and Step Rate. Custom formulas are registered immediately — no restart required. They can be assigned to individual assets in your source file.
Which ERP systems does Capitova post to?
Xero, QuickBooks Online, SAP IDoc (file drop), SAP S/4HANA OData API, Oracle Fusion Cloud (via FBDI), Oracle NetSuite (OAuth 1.0), Oracle EBS (GL_INTERFACE), and any system that accepts a standard GL import CSV. Multiple targets can be active simultaneously with routing rules directing which runs post to which systems.

Ready to eliminate
manual depreciation?

Try the live demo right now — no installation, no login. Or enter your email and we will run Capitova against your actual data before the meeting ends.

▶   Try Live Demo — Free, No Login

— or enter your email for a personalised session with your real data —

No commitment required Response within 1 business day On-premise demo available