Automate fixed asset reconciliation
Fixed asset reconciliation verifies that your fixed asset register and general ledger agree — confirming that every addition, disposal, and depreciation charge is correctly recorded, and that net book values are accurate. Rima automates this entirely. Send your fixed asset register and GL export via Slack or email and get back a completed, audit-ready Excel reconciliation.
How it works
01
Send your fixed asset register and GL export
Drop your fixed asset register and GL export into your Rima Slack channel or email them directly. Any format your asset management system or ERP produces is accepted.
02
Rima reconciles additions, disposals, and depreciation
Rima matches every asset addition, disposal, and depreciation charge against your GL, flags discrepancies, and surfaces any assets missing from the register.
03
Review your completed fixed asset reconciliation in Excel
Rima delivers the finished reconciliation in Excel — matched items, exceptions, NBV roll-forward, and a full audit trail — ready for sign-off.
What Rima handles
Every aspect of fixed asset reconciliation, automated
Asset register to GL reconciliation
Reconcile every asset in your register against GL balances for additions, disposals, and NBV.
Depreciation charge verification
Verify depreciation charges in the GL match the expected amounts per your asset register.
Asset addition reconciliation
Match capital expenditure entries in your GL against additions in the fixed asset register.
Disposal and write-off reconciliation
Reconcile asset disposals and write-offs against GL entries and confirm profit or loss on disposal.
NBV roll-forward schedule
Produce a net book value roll-forward schedule from opening to closing balance.
Missing asset detection
Flag assets recorded in the GL but missing from the register, or vice versa.
What you get
Fully managed. Always audit-ready.
3-hour SLA
Every fixed asset reconciliation is completed within 3 hours, 24/7.
Full audit trail
Every matched item is traced back to its source document.
Your Excel template
Results land in your existing template — no reformatting required.
No setup required
Rima deploys and manages the agent — you just send your files.
FAQ
Common questions about fixed asset reconciliation automation
What is fixed asset reconciliation?
Fixed asset reconciliation is the process of verifying that your fixed asset register agrees with your general ledger — reconciling asset additions, disposals, depreciation charges, and net book values to confirm accuracy and completeness. It ensures assets are properly recorded, depreciated, and still in existence.
How does Rima automate fixed asset reconciliation?
You send your fixed asset register and GL export to Rima via Slack or email. Rima reconciles additions, disposals, and depreciation charges against your GL, flags discrepancies, and delivers a completed reconciliation in your Excel template with a full audit trail.
Can Rima verify depreciation calculations?
Yes. Rima verifies depreciation charges in your GL against the expected depreciation per your fixed asset register, flagging any over- or under-depreciation for review.
What file formats does Rima accept for fixed asset reconciliation?
Rima accepts fixed asset register exports from any asset management system or ERP, including Sage Fixed Assets, NetSuite, QuickBooks, and others, alongside GL exports in Excel or CSV format.
How long does fixed asset reconciliation take with Rima?
Rima completes every fixed asset reconciliation within a 3-hour SLA, 24 hours a day, 7 days a week.
Part of Reconciliation
Fixed asset reconciliation is one of many reconciliation types Rima automates.
Ready to automate your fixed asset reconciliation?
Send your fixed asset register to Rima and get back a completed, audit-ready Excel reconciliation.