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.
IND AS + IT Act
Parallel SLM & WDV books
50 lakh capacity
Scales to enterprise size
63 Reports
Plus 7 forward-looking
Full Audit Trail
Every change logged
AssetLens 1.0 — now generally available
Fixed asset management,
done right.
Audit-grade fixed asset register with parallel IND AS / IT Act books, multi‑level approvals, and compliance tracking — without the SAP price tag.
₹27
Per asset / year
50L
Maximum assets
63
Built-in reports
0
Setup fees
Trusted by teams at the world's most ambitious companies
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.
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.
From CSV import to month-end close.
Import your existing register, configure your books, work the register through approvals, post depreciation. Four steps. No SAP-grade implementation cycle.
-
Import your register
Upload your existing CSV or Excel. Map columns once. Field validation catches missing capitalization dates, duplicate codes, and negative NBV before any data lands.
-
Configure your books
Set useful lives per category, GL accounts, depreciation method, FX policy. Run the parallel books from day one — SLM under Companies Act, WDV under IT Act.
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Work the register
Transfers, disposals, revaluations, CAPEX requests flow through approvals you configure. Every action lands in the audit trail with timestamp, user, and before/after values.
-
Close the period
Post monthly depreciation in one click. Lock the period when sign-off is complete. Export IND AS Note 10 disclosures and IT Act Form 3CD schedules in the exact format your auditors expect.
One register. Every asset class.
Manufacturing plant, retail fit-outs, hospital equipment, IT fleet, vehicles, software licences — AssetLens runs the same audit-grade book across every class of asset your business owns.
Manufacturing & process plants
For HVAC, chemical, pharma, and engineering companies running thousands of plant items across multiple factories. Production-asset flagging drives ROI per machine, power-rating fields drive carbon footprint reporting, and expected run-hours per category drive replacement-planning benchmarks.
Professional services
Laptops, software licences, office furniture.
Multi-location retail
Consolidated books across branches.
Hospitals & labs
Calibration certs, NABL / NABH compliance.
Transport & fleet
Vehicles, fuel tags, registration tracking.
Universities & schools
IT fleet, lab equipment, donated assets.
How AssetLens compares.
A purpose-built fixed asset register beats a spreadsheet on every dimension that matters at audit time — and beats a generic ERP on every dimension that matters in operations.
| Capability | AssetLens | Spreadsheet / Generic ERP |
|---|---|---|
| Parallel SLM + WDV books | Computed for every asset | Two spreadsheets, manual recon |
| IND AS Note 10 disclosure | Auto-generated | Manual aggregation |
| Multi-level approval routing | By amount, category, dept | Email chains |
| AMC & compliance expiry | Auto-flagged at 60 / 30 days | Calendar reminders |
| Audit trail (who / when / what) | Every change logged | Last edited date only |
| Barcode / QR labels | Built-in batch print | Separate tool |
| Carbon footprint per asset | Per-country emission factor | Not tracked |
| Setup cost | Zero — included | Six-figure implementation |
Numbers, not promises.
Built for enterprise scale — supports up to 50 lakh (5 million) assets per company, with all core pages rendering under 500 ms regardless of register size.
0
L
Maximum assets
0
Built-in reports
0
ms
Median page load
0
Setup fees
Honest, per-asset pricing.
₹47 per asset per year list — currently 20% off at ₹27. Minimum ₹10,000 per year covers up to 370 assets. No setup fees, unlimited users.
Starter
For small finance teams getting started with structured asset management.
₹10,000
per year flat · up to 370 assets
- Up to 370 assets
- Parallel SLM + WDV books
- Unlimited users
- All 56 standard reports
- CSV import + barcode labels
- Email support
Growth
Per-asset pricing for finance teams running real production registers.
₹47 ₹27
per asset / year · 20% launch discount
- Unlimited assets (above 370)
- Everything in Starter
- Multi-level approval workflows
- AMC + compliance tracking
- Maintenance ticketing
- Operations Forward reports (OF1–OF8)
- Priority email + WhatsApp support
Enterprise
For groups, listed entities, and multi-subsidiary finance teams.
Custom
volume pricing · SSO · on-premise
- Everything in Growth
- On-premise / private cloud
- SSO (SAML / OIDC) + SCIM
- White-labelling
- Dedicated implementation manager
- Custom integrations (SAP, Tally, Oracle)
- Named support engineer
Run your numbers.
See your AssetLens price, the finance time it saves, and the audit and compliance costs it avoids — for your exact register size.
List price
₹23,500/yr
Your price 20% launch discount
₹13,500/yr
Effective per asset
₹27 / asset / year
500 assets × ₹27/yr = ₹13,500. Above the ₹10,000 minimum, so per-asset pricing applies.
Hours saved per year
200 hrs
Cost of that finance time
₹1,60,000 / yr
AssetLens subscription
₹13,500 / yr
Net annual savings
₹1,46,500
Return on investment
10.9× payback
Assumes AssetLens automates depreciation runs, transfer approvals, compliance tracking, and report exports that were previously manual.
Audit fee saved
₹1,00,000 / yr
Penalty exposure avoided
₹1,00,000 / yr
AssetLens subscription
₹13,500 / yr
Net annual savings
₹1,86,500
Return on investment
13.8× payback
Conservative estimate. Reduced audit fees, avoided compliance penalties, and protection from insurer claim denials for lapsed inspections.
Questions, answered.
Everything finance and operations teams want to know before they switch their fixed asset register.
How is AssetLens priced?
₹47 per asset per year — currently 20% off at ₹27 per asset per year as a launch offer. There's a minimum annual commitment of ₹10,000 (covers up to 370 assets), and per-asset pricing kicks in above that. No setup fees, no implementation charges, unlimited users. Enterprise pricing for groups and on-premise deployments is custom.
Does it run both IND AS / Companies Act and Income Tax Act books?
Yes — that's the core design. Every asset depreciates twice in parallel: SLM under Companies Act (for IND AS Note 10 disclosure) and WDV under Income Tax Act (for Form 3CD). The depreciation engine posts both books simultaneously every month-end run. No manual reconciliation between them.
Can it handle assets in foreign currency?
Yes. Capitalize an asset in USD, EUR, GBP, JPY or any of 12 supported currencies — AssetLens stores both the foreign amount with the FX rate at capitalization and the INR-converted cost. The asset register reports in INR (or whichever base currency you set), the FX audit trail remembers the rate.
What about compliance certificates and AMC contracts?
Built in. Track Fire NOC, lift inspection, pollution NOC, calibration certificates and any other regulatory document per asset or facility-level. The system auto-flags certificates expiring within 60 days (amber) and expired ones (red). AMC contracts get the same treatment with visit logs and renewal alerts.
How fast is it at scale?
AssetLens is built for enterprise scale — the register supports up to 50 lakh (5 million) assets per company. Stress-tested at production volumes, all core pages render in under 500 ms, the asset register loads in under 200 ms, and reports including IND AS Note 10, Form 3CD, ROI, carbon footprint, and benchmarking all complete in under 500 ms. The depreciation engine posts monthly entries across both books in one click.
Can we import our existing asset register from Excel or SAP?
Yes. The CSV import lets you map columns once and brings in code, name, category, location, department, custodian, cost, accumulated depreciation, capitalization date, and 30+ other fields. SAP exports work directly via the SAP FA Code column. Validation catches duplicate codes, missing capitalization dates, and negative NBV before any data lands.
Who owns the data?
You do. Your data is exported in CSV, XLSX, and PDF formats at any time. On the cloud edition we store data in Indian data centres (Mumbai region). On the Enterprise on-premise edition, data never leaves your network. We don't train any AI model on your data — there is no AI training in AssetLens.
What support do you offer?
Starter and Growth plans include email support during Indian business hours (Mon–Fri, 9am–6pm IST), with priority WhatsApp support on Growth. Enterprise plans include a named support engineer, custom SLA, and dedicated onboarding. We typically respond within 4 hours during business hours.
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.