Statutory reports, generated — not assembled
Thirteen audit- and board-ready reports, computed from the same paise-accurate register that drives your depreciation. Export to PDF or Excel in a click — and retire the year-end VLOOKUP marathon.
| Asset class | Opening GB | Additions | Dep (FY) | Closing NBV |
|---|---|---|---|---|
| Plant & machinery | ₹3,42,10,000 | ₹1,80,00,000 | ₹68,42,000 | ₹4,53,68,000 |
| Buildings | ₹2,10,00,000 | — | ₹12,60,000 | ₹1,97,40,000 |
| Furniture & fittings | ₹24,80,000 | ₹3,20,000 | ₹5,04,000 | ₹22,96,000 |
| Computers | ₹18,40,000 | ₹6,10,000 | ₹9,88,000 | ₹14,62,000 |
Because the numbers already agree
Your register drives the Companies Act and Income-tax engines. Every report reads from that same source — so the FAR, the tax block report and the deferred-tax working can't disagree with each other.
- PDF & Excel export. Every report exports to a formatted PDF or a working Excel file.
- Paise-accurate. Money is stored in integer paise and rounded only at boundaries — no cumulative drift.
- Shared FY context. All reports honour each entity's fiscal-year configuration and freezes.
Companies Act fixed asset register
Fixed Asset Register (Companies Act)
Rebuilding opening/additions/disposals/closing gross block, accumulated depreciation and NBV by class every year from tabs that never quite tie out.
A grouped-by-class register with opening and closing gross block, accumulated depreciation, depreciation for the FY, NBV, life and method — computed straight from the source, paise-accurate.
Depreciation Schedule (FY)
Producing a month-by-month depreciation view for the auditor means a fragile grid of formulas per asset.
Per-asset monthly depreciation across the FY with class subtotals and a grand total — always reconciled to what was actually posted.
Additions & Deletions registers
Listing the year's capitalisations and disposals, with gross block, GST, source and gain/(loss), by hand.
Additions register (gross block, GST, direct vs CWIP source, custodian, location) and deletions register (accumulated depreciation, NBV, sale value, gain/(loss)) generated by class.
Tax depreciation & GST
Income Tax — Block of Assets
Block WDV computations with the 180-day rule, additional depreciation and s.50 capital gains are error-prone and hard to defend.
Block-wise WDV with additions split ≥180/<180 days, transfer price, normal plus additional depreciation, and s.50 short-term capital gain/loss — down to closing WDV.
Form 26 — Clause 36
Assembling the tax-audit depreciation matrix in the statutory format is a yearly manual chore.
The block-wise depreciation matrix under the Income-tax Act (Rule 47) — Part 1 plant & machinery with additional depreciation, Part 2 other blocks — laid out in the required shape.
GST ITC Reversal (Rule 43)
Calculating ITC reversal on capital goods disposed or written off before 60 months is easy to miss and easy to get wrong.
Automatic reversal on capital goods removed before 60 months, computed as GST × remaining months ÷ 60 — nothing slips through.
Deferred tax, reconciled
Book vs Tax → Deferred Tax
Reconciling book WDV against income-tax WDV block by block to arrive at deferred tax is the classic year-end reconciliation nightmare.
Book WDV vs IT WDV by block, the temporary difference, and deferred tax at 25.17% with the FY movement — straight from the two engines that already agree with your register.
Capital work-in-progress disclosures
CWIP Ageing (Schedule III) & detail
Schedule III wants CWIP by ageing bucket, plus what's overdue or over budget — reconstructed manually each quarter.
CWIP by ageing bucket with overdue and over-budget projects flagged, plus a per-project detail view (balance, budget %, target date, days overdue).
CWIP Movement & Capitalisation Register
Showing the roll-forward from opening to closing CWIP, and every capitalisation event, is tedious to compile.
A FY roll-forward (opening + additions − capitalised − written off = closing) and a capitalisation register with one row per resulting asset, grouped by project.
Movement & disposal
Movement & Disposal
Tracking additions, disposals, retirements and component replacements with their gain/loss in one view.
A single movement report covering additions, disposals, retirements and replacement derecognitions — each with the gain or loss computed.
Generate your first report in minutes
Import your register, run depreciation, and export an audit-ready Fixed Asset Register — book and tax, reconciled.