Overview freee K.K. (hereinafter 'freee') launched 'freee Fixed Assets' on May 26, 2026, a product designed to seamlessly connect all operations related to fixed assets.

Background and Challenges Fixed asset management has become increasingly complex as companies grow. The fragmentation between accounting software and fixed asset management systems has led to redundant data entry and high communication costs between departments. Furthermore, businesses face growing governance requirements, including compliance with the new lease accounting standards set to take effect in April 2027 and audit preparation.

Features of 'freee Fixed Assets' - **Practical Fixed Asset Register**: Enhanced features such as monthly editing of depreciation, partial disposal/sale, cost allocation across departments, and automatic judgment of gain/loss on sale. - **Seamless Integration**: Scheduled integration with various freee products from initial request to acquisition, depreciation, disposal, inventory, and tax filing to eliminate manual transcription errors. - **Compliance with New Lease Accounting Standards**: AI-powered assistance in determining leases based on contractual requirements, along with automation of discount calculations and journal entries.

This service is being rolled out starting with corporate users whose fiscal year ends in January.

FACT BOX

  • Source: PR TIMES
  • Category: New Product