Everything a fixed asset register should do — done by the book
AssetOS replaces spreadsheets with a statute-native platform: a rich register, two depreciation engines in parallel, real close controls, CWIP, an AI CFO briefing, and audit-grade governance.
A single source of truth for every asset
Capture assets with the depth an audit demands — then find, filter and export them in seconds instead of scrolling a 12-tab workbook.
Rich asset dimensions
Class, location, department, cost centre, custodian, vendor and parent-asset — so every report can be sliced the way finance and operations each need it.
Guided CSV import
Bring your existing register in through an import wizard that validates and maps columns before anything is written.
QR labels & bulk print
Generate QR tokens per asset and print labels on sticker-roll or A4/A6 grid presets for physical tagging on the floor.
Document attachments
Keep invoices, warranties and approvals attached to the asset they belong to — not lost in a shared drive.
Two statutory engines, computed in parallel
Book and tax depreciation from one register — no reconciliation spreadsheet, no drift. Rates and lives are effective-dated and data-driven, never hardcoded.
Companies Act 2013 — Schedule II
SLM and WDV with strict days-based pro-rata, shift depreciation (Part C), a 5% residual cap, mid-year basis changes (AS 5 / Ind AS 8) and Ind AS 105 held-for-sale freezing.
Income-tax Act — Block of Assets
Block WDV with the 180-day rule, additional depreciation u/s 32(1)(iia), s.50 short-term capital gain/loss and a concessional-regime gate — cost taken net of ITC and subsidy.
Componentisation-aware
Parent shells carry no cost and are excluded from both engines, so componentised plants never double-count depreciation.
Migration & openings
Cut over mid-life assets with opening WDV and remaining life for prospective-only depreciation — a clean, defensible start.
Monthly runs with real close controls
Depreciation is posted, not just calculated — with the guardrails a monthly close actually needs.
Per entity, per month
Post one run per entity per month with per-asset entries; re-run any time until the period is closed.
Sequential & freeze guards
Enforces month-close, FY-not-frozen and sequential-month rules so periods can't be posted out of order or after a lock.
Auto-stale detection
Change an asset input after posting and the affected months are automatically flagged stale, so nothing silently goes out of date.
Capital work-in-progress, end to end
Track capex projects from first expenditure to capitalisation, with the Schedule III ageing auditors ask for.
Projects & expenditure
Separate capitalisable spend from what should hit the P&L, against budget and target dates; suspend, resume or abandon projects.
Flexible capitalisation
Capitalise into one or many assets, allocating cost by direct, pro-rata-by-value or manual methods.
Schedule III ageing
CWIP ageing, movement and a capitalisation register are generated automatically for disclosure.
An AI CFO briefing built into the register
Grounded in your own data, India-rule-aware, and safe by design — it reads and explains, it never mutates.
Gross block up ₹4.2 Cr this FY, driven by two plant & machinery capitalisations. Book depreciation of ₹1.87 Cr tracks 3% under forecast.
3 assets idle > 90 days · 1 block nearing s.50 short-term loss.
Deferred tax liability ↑ ₹22.4 L on WDV timing differences.
Review 3 idle assets for held-for-sale reclassification before year-end close.
Every figure is grounded in your register. Illustrative preview.
Structured CFO Briefing
Six sections — executive summary, what changed this FY, risks & exposures, replacement outlook, book-vs-tax and up to five suggested actions.
Grounded follow-up chat
Ask questions in plain language; answers cite figures only from your register snapshot — no invented numbers.
Guardrails
Rate-limited, entity-access gated, cached, with a graceful fallback — and a rules-based exceptions engine (idle assets, negative NBV, aged CWIP) it narrates.
Controls that keep every number defensible
Segregation of duties, access control and an immutable trail — the difference between a register and an audit-ready one.
Maker–checker approvals
Disposals, transfers and component replacements route through an approver who cannot be the maker, with per-entity monetary thresholds.
Audit trail & history
An immutable, searchable log captures actor, record and field; each asset has its own history timeline.
RBAC & redaction
org_admin, manager, associate and auditor roles, with financial figures redacted from users who lack view rights.
Close the books with confidence.
Move your fixed asset register off spreadsheets. Multi-entity, statute-native, audit-ready — with an AI CFO briefing built in.