Parallel IND AS & IT Act books
Every asset depreciates twice: SLM under Companies Act, WDV under Income Tax Act. Switch books per report. No manual reconciliation, no spreadsheet exports.
Live Demo
Try the full product. No signup.
This is the real application running on a sample company — hundreds of assets across every category, a posted depreciation run, transfers, disposals, AMC and insurance. It is read-only, so click around freely; nothing you do is saved.
See it for yourself.
A fully working demo register seeded with 1,500 sample assets across every category. Click around — no login needed, nothing to install.
Read-only demo. No sign-up needed. Sign in to your own instance to make real changes.
Built for finance teams
who own the register.
Everything an audit-grade fixed asset register needs — parallel books, approval workflows, compliance tracking, and the forward-looking reports the typical asset register skips.
Multi-level approval workflows
Route transfers, disposals, and CAPEX requests by amount, category, or department. Configurable approval chains with per-level approvers and attachment requirements.
AMC + compliance tracking
Track AMC contracts with visit logs and renewals. Register Fire NOC, lift inspection, pollution NOC, calibration certificates — with auto-expiry alerts at 60 / 30 / 0 days.
Maintenance cycles & tickets
Define recurring maintenance schedules with vendor assignment. Convert overdue cycles into tickets in one click. Per-asset breakdown history and SLA tracking.
Barcode & QR labels
Generate Code-128 or QR labels in batches. Print to sheet stock with 1–6 labels per row. Scan with any mobile camera to jump to the asset profile.
Operations Forward reports
Seven forward-looking reports the typical asset register skips: ROI per production asset, carbon footprint by emission factor, life vs run-hours benchmarking, idle asset utilization.
Physical verification cycles
Schedule periodic verification by location, category, or auditor. Mobile barcode/QR scan to mark verified. Variance report flags missing or untagged assets at year-end audit.
CWIP to capitalization
Track work-in-progress costs against budget. Capitalize when ready with one click — moves CWIP balance to fixed asset, starts depreciation, posts journal entry.
Insurance & warranty register
One register for policy numbers, premiums, sum insured, claim history. Renewal alerts 60 days out. Per-asset coverage summary for audit and claims.
Revaluation & impairment
IND AS 36 impairment testing and IND AS 16 revaluation with full audit trail. Reserve postings, gross-up calculations, and disclosure notes ready for the auditor.
CSV / Excel import
Map your existing register columns to AssetLens fields in a guided wizard. Detect duplicates, validate dates, suggest categories. 10,000 assets typical import time: 45 seconds.
Component depreciation
Schedule II component accounting — split a high-value asset into parts with different useful lives. Battery vs body, building shell vs interiors. Auto-allocates cost on capitalization.
Start tracking your register
in minutes, not months.
Free trial for 30 days. No credit card required. Bring your existing CSV and we will help you map it.