Depreciation is complex. It shouldn't be hard.
Dwindle handles the complexity so your team doesn't have to. Beautifully intuitive and with Australian and New Zealand tax rules built in, we'll scale as you grow from a handful of assets to hundreds of thousands.
The scope Dwindle handles for you.
Depreciation errors hide in plain sight, until they reach the audit.
Spreadsheets break quietly
A broken formula or a wrong cell can sit undetected for years, and one specialist often holds all the knowledge. Broken formulas and key-person risk are real, expensive exposures.
The rules keep changing
Thresholds and eligibility shift almost every year. Keeping up is a research project most teams cannot afford to run on top of the day job.
One asset, many answers
The bank covenant, the tax return and the board each need a different number. Maintained by hand, they drift apart and stop reconciling.
Three things a spreadsheet will never give you.
A compliant engine
Every ANZ regime and threshold change maintained for you. Enter the asset and Dwindle applies the correct treatment, then shows its working.
Governed workspaces
Model, draft and correct in secure workspaces kept separate from your ledger. Nothing is published until it has been reviewed and approved.
One source of truth
Enter each asset once and keep multiple books side by side: an accounting book, a tax book, and any custom valuation you need. Reconciling variances are calculated, not hunted.
Model in a workspace. Never touch the system of record.
Analysts and advisors work in secure, individual workspaces kept separate from your system of record. Draft, model scenarios and correct retrospectively without breaking a single downstream calculation. Nothing is published until it is reviewed and approved.
One asset. Every book. Reconciled, not hunted.
Enter each asset once. The same underlying data keeps every valuation book at the same time, whether that is the accounting book, the tax book, or a custom one. The variance the bank covenant, the tax return and the board each need is calculated automatically, so there is no third spreadsheet to keep.
The rules are built in. You review, you do not research.
Every ANZ regime and threshold change is maintained for you. In Australia, Division 40 and 43, small-business pooling and the full instant asset write-off history. In New Zealand, the IRD prescribed rates, the pool method and Investment Boost. Enter the asset, the date and the cost, and Dwindle applies the correct treatment automatically.
Feature-rich enough for the largest business. Simple enough for anyone.
Set Dwindle up yourself in minutes, or bring in your accountant. Deep configuration is there when you need it, but the day-to-day stays simple. From sole traders to listed finance teams and large accounting firms, everyone works from the same source of truth.
Set up, configure and QA
Configure entities, methods and settings once, then review and sign off. The specialist work happens once, so the cost of compliance drops.
Handle the day-to-day
Add assets and record events in a clean, guided interface. No tax knowledge required, because the rules are already in place. If you can use Xero or MYOB, you can use Dwindle.
Oversee at scale
Roll the same model across dozens or hundreds of entities, with approvals, access control and a full audit trail across the whole structure.
However you work, the model scales without changing shape: a single owner running their own register, or an entire finance team governing hundreds of entities.
Built for the people who sign off.
Control, traceability and data residency that stand up to internal review, external audit, and the board.
Australian data residency
Your fixed-asset data is hosted in Australia and never leaves the region.
Seamless collaboration
Invite your whole team in a few clicks, and share entity groups with other organisations such as your accountant, so everyone works together in one place.
Full audit trail
Every change is traceable. Activity logging and versioning capture who changed what, and when.
Retrospective, not destructive
Correct prior periods without rolling back months of calculations or breaking downstream numbers.
Multi-entity by design
Manage many legal entities side by side, each with its own asset register, and govern them all from one platform.
Data portability
Full export to Excel and CSV. Your schedules and history are always yours to take.
From a single register to a portfolio of hundreds.
Owners & sole traders
Keep one register right without becoming a tax expert. The rules are handled, so you just enter the asset.
Accountants & advisors
Manage your depreciation across all your clients in one place. Reperform from source data and hand over cleanly, every year.
Finance & tax teams
A defensible number for every stakeholder: covenants, tax and the board, from one auditable system.
Compliance & risk
Governance that stands up to audit. Access control, version history and data residency remove key-person risk.
Depreciation you can rely on, at any size.
One governed platform for every entity you run, built on Australian and New Zealand tax law, trusted by your whole team.