ASSET MANAGEMENT
Track your business assets. Automate depreciation.
Keep your equipment, machinery, and other business assets organized in Taxmo. Record each purchase, calculate depreciation, and track its book value without maintaining a separate spreadsheet.
How Taxmo helps
What Taxmo helps you do
Why people trust Taxmo
Built for people who'd rather not become tax experts
Tax knowledge built in
Taxmo works out your BTW rubrieken and walks you through each filing step by step. You get clear answers, not jargon.
Your data stays safe
Servers and database in the EU (Frankfurt), encrypted data, multi-factor login and GDPR compliance.
Reviews
What Taxmo users say
“
Taxmo has been a very transformative bookkeeping experience for me. They give you every single type of tool you will need to run a small scale to medium scale business. The customer service is exceptional as well. They get back to you right away. I couldn't be more satisfied. I highly recommend the service.
Dylan Rogers
Owner, Drive Bye Auto Rentals B.V.
Frequently asked questions
Quick answers about Taxmo, your account, filing and billing.
What can I record as a business asset?
Equipment, machinery, furniture, and other purchases used by your business over time may be recorded as assets. The correct treatment depends on the purchase and the accounting rules that apply.
How does automatic depreciation work?
You enter the asset details and depreciation settings. Taxmo uses these to calculate depreciation, reducing the need to work it out manually.
Can Taxmo decide which depreciation settings I should use?
You need to provide settings appropriate to the asset. Your accountant can help you choose them if you are unsure.
Is book value the same as resale value?
No. Book value is the value recorded in your accounts after depreciation and any other adjustments. Resale value is the amount someone would pay for the asset.
What happens if I sell an asset?
Record the sale and update the asset record. Any difference between the sale proceeds and the remaining book value needs to be reflected in your bookkeeping.
