Woodshop MasterWoodshop Master
Assets Go Live Without Protocol

“We plug it in and hope it works — no checklist, no signoff.”

Without structured commissioning, new equipment gets deployed without validation or readiness, risking performance and safety failures.
No Tie Between Finance and Ops

“Accounting has one story, operations has another.”

Disconnected tools and spreadsheets lead to mismatched asset data. You need a system that ties asset events to financial entries.
No Proof of Capital Spending

“Where’s the backup for this $60K asset?”

Auditors need a full trail — approvals, costs, timestamps. Without it, you’re exposed to financial reporting risk.
Complex Projects, No Tracking Logic

“We add assets in phases — but log them all at once.”

Multi-phase capital projects need structured tracking to ensure every step is logged accurately, and nothing gets missed.
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Capitalization Log – Turn Asset Spending into Auditable Value

Track when and how assets become capitalized, log expenditures by phase, and maintain a full financial trail for audits, depreciation, and reporting. The Capitalization Log app makes asset value recognition structured, traceable, and system-driven.

About Woodshop Master

Why Woodshop Master?

Because tracking value shouldn’t be a guessing game.

Turn Expenditures Into Accountability

Make capitalization a seamless part of your asset lifecycle — not an afterthought at audit time.

Connected Records, Clear Value

Tie capital events to asset commissioning, inspections, and financial approval chains — all in one system.

Capitalization Rules by Status

Audit-Ready Event Logs

Financial + Operational Sync

Multi-Phase Project Support

Triggered Capital Recognition

EAM + ERP Alignment

Integrated Apps

Capitalization Log integrates with:

Asset Master Records

Lifecycle Status Tracking

Audit Trail

Down
Your Personal Guide on Every Page
From the first click to the final step, Ikhana, your on-screen tutor, shows you how it all works. Every field, every button, every page – explained with clarity, just a tap away.
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App Features

Capitalization Ledger
System-based ledger with asset linkage, timestamps, and responsible party fields.

Configurable Capitalization Rules
Define capitalization triggers by lifecycle stage, status change, cost threshold, or inspection result.

Expenditure Logging With Support Docs
Attach invoices, approval memos, and budget links to each capitalization record.

Multi-Stage Project Tracking
Capture partial capitalization for phased deployments, upgrades, or expansions.

Audit-Ready History
Maintain a secure log of every capitalization event with timestamps and traceable user actions.

Finance & Ops Integration
Sync data across EAM and ERP to ensure accurate financial reports and depreciation schedules.

See It in Action

From spend to value — fully captured.
Make capitalization structured, transparent, and audit-ready.