Fixed Asset Register

Overview

Fixed Asset Register is cloud software for tracking fixed assets, calculating depreciation and running physical verification. It best suits Indian CA firms, SMEs and multi-location organizations that need accounting-oriented records alongside field audits.

Its appeal is the combination of tax and statutory depreciation, QR checks and accounting exports; its fit depends on whether the plan’s asset and user caps match the organization’s scale.

Key features

It calculates Companies Act 2013 SLM and WDV depreciation alongside Income Tax block-of-assets depreciation, including mid-year additions and sub-100-day rules. That parallel view is useful to finance teams handling both statutory and tax calculations for the same assets.

QR or barcode scans capture location, custodian, condition and timestamp, with reports reconciling scanned assets against the register. The Android app supports lookup, verification campaigns, transfers and disposals, and its offline cache helps when field staff cannot rely on a live connection.

A lightweight Windows agent discovers endpoint details including manufacturer, model, processor, memory, disk, network identifiers, operating system, hostname, IP address and logged-in user. This makes the product relevant to organizations tracking computers as well as other fixed assets. General-ledger exports are compatible with Tally, Zoho, SAP and other accounting systems.

Excel, Tally export and CSV data can be imported through mapping that recognizes more than 40 common column patterns, a practical aid when moving an existing register. The provider states that data is encrypted in transit with TLS 1.3 and at rest with AES-256, with daily backups, role-based access and audit logging. Enterprise adds on-premises and private-cloud deployment for organizations with residency or compliance needs.

Pricing

Starter Free costs nothing (billed 6 months) and allows up to 10 fixed assets and 1 user. It includes a dashboard, basic reports and Excel import/export plus QR labels, making it suitable for a very small register, but not a multi-user team or a larger audit program.

Growth costs ₹2,000 a month (billed monthly), with up to 500 fixed assets and 10 users. It adds depreciation reports, physical verification audits and priority email support. This is the sensible paid starting point for a small organization needing those workflows; the 500-asset ceiling is a constraint for larger inventories.

Business costs ₹5,000 a month (billed monthly), covering up to 5,000 fixed assets and 50 users. Multi-unit or branch structure, bulk import, label PDF, audit trail and verification module make it a better match for growing and multi-location groups. Enterprise has custom pricing and custom asset and user limits, plus implementation and training, dedicated support, ERP/Tally integration on request and purchase requisition-to-purchase-order workflow. It is the tier for organizations needing that support or deployment flexibility.

Platforms

The product is available on Android, web and Windows. The Android app covers field verification and asset actions; the Windows agent discovers endpoint information.

Who it's for

Fixed Asset Register is strongest for Indian organizations that need fixed-asset accounting and physical checks in one workflow, particularly CA firms, SMEs and multi-location groups. Its three depreciation methods, tax depreciation and multi-entity support address finance requirements, while QR verification gives field teams a reconciliation process. Organizations with more than 5,000 assets or 50 users will need Enterprise’s custom limits rather than Business.

Pros and cons

• Pro: Statutory and tax depreciation run in parallel, including mid-year additions and sub-100-day rules, reducing the need to handle those views separately.
• Pro: QR verification records custody and condition as well as location and time, with reconciliation reports for audit campaigns.
• Pro: Accounting exports and imports from Excel, Tally export or CSV support fitting the register into existing finance workflows.
• Con: Starter Free is limited to 10 assets and one user, so it is a narrow fit beyond a small trial register.
• Con: Growth tops out at 500 assets and 10 users; Business raises that to 5,000 and 50, so larger organizations must consider custom-priced Enterprise.

Alternatives

For a broader comparison, browse Fixed Asset Management Software.

Choose AssetAccountant if a free plan for up to 10 assets and web or API access better suits your needs; its free tier excludes leases. Choose AssetCenter if its no-time-limit free allowance of 25 assets is a better fit, bearing in mind that the free tier has no reports. AssetFrog is another freemium alternative, with a free plan for up to 50 assets and one user.

Sage Fixed Assets is a paid alternative. AssetsTrak is a paid alternative. Choose Minty Assets if a free web plan for 50 assets and one company is the priority; its free tier provides Straight Line or no depreciation. AssetLens is a paid alternative with self-hosted and web platforms. Capitova is a paid alternative for web, Windows and Linux.

Verdict

Fixed Asset Register is a strong choice for Indian CA firms and organizations that need depreciation, accounting exports and QR-based verification together. Its clearest reason to look elsewhere is scale: the free and Growth caps are small, Business stops at 5,000 assets and 50 users, and larger requirements move to custom-priced Enterprise.