The operating system for your fixed assets.
Track and tag, depreciate for Companies Act and Income-tax, insure, report and dispose — every asset, its whole life, in one place. Statute-native, paise-accurate and audit-ready, with an AI CFO briefing grounded entirely in your own register.
- One register, whole lifecycle
- India-statute native
- AI-native
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.
One system for the whole asset lifecycle
AssetOS isn't just a register. It runs every stage of a fixed asset's life — from the day it's tagged to the day it's retired — on one statute-native, audit-ready platform.
Acquire & tag
Capitalise assets with full detail, then QR-tag and label them for the floor.
Depreciate
Companies Act and Income-tax depreciation, computed in parallel from one register.
Insure
Policies and sum insured per asset, with under-insurance and CARO exposure flagged.
Report & comply
13 statutory reports — FAR, IT block, CWIP ageing, deferred tax — on demand.
Dispose
Retire, sell or write off with gain/loss and maker–checker approval.
And the AI CFO briefing reads across every stage — depreciation, insurance exposure, replacements and disposals — so nothing needs chasing across tabs.
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.
An AI CFO briefing, grounded in your register
AssetOS doesn't bolt a chatbot onto a spreadsheet. It reads your live asset snapshot — KPIs, class stack, forecasts, exceptions, book-vs-tax — and briefs you like a chartered accountant.
CFO Briefing
A structured, six-section brief — executive summary, what changed this FY, risks & exposures, replacement outlook, book-vs-tax and suggested actions — written like a chartered accountant briefing your CFO.
Grounded, cited answers
Ask follow-up questions in plain language. Every figure is drawn from your own register snapshot — no invented numbers, and India-rule-aware (Schedule II, IT blocks, the 180-day rule).
Safe by design
The assistant reads and explains — it never mutates data. Rate-limited, entity-access gated, and backed by a rules-based exceptions engine it narrates for you.
Where the spreadsheet breaks — and what replaces it
Excel is where every fixed asset register starts. These are the bottlenecks that appear as you scale — and how AssetOS removes each one.
Everything a fixed-asset system should do
From acquisition and tagging to depreciation, insurance and disposal — book and tax in lock-step, replacing brittle spreadsheets with a system built on Indian statute.
Asset register
One source of truth: class, location, department, cost centre, custodian, vendor and parent-asset — with CSV import, QR labels and document attachments.
Dual depreciation engines
Companies Act 2013 Schedule II (SLM/WDV) and Income-tax Act block-of-assets WDV, computed in parallel from the same register. Paise-accurate.
Monthly depreciation runs
Post per entity per month with month-close, FY-freeze and sequential guards. Change an input and affected months are auto-flagged stale.
Insurance register
Policies, sum insured and premiums linked to assets — with an 85% under-insurance flag, a CARO uninsured-assets report, claims tracking and AI policy-OCR auto-fill.
Built for manufacturing
Schedule II component accounting, AS 10 replacements, shift depreciation and CWIP capitalisation for capex-heavy plants.
13 statutory reports
Fixed Asset Register, IT Block of Assets, Form 26 Clause 36, CWIP Schedule III ageing, GST ITC reversal and Book-vs-Tax deferred tax — export to PDF/Excel.
Governance & audit
Maker–checker approvals, role-based access, an immutable audit trail and annual FY freeze keep every number defensible.
Purpose-built for capex-heavy, multi-entity businesses
Manufacturers, infrastructure and real-estate developers, NBFCs and financial services, enterprise groups, and software & IT companies all run their registers on AssetOS — and CA firms partner with us to deliver verification and tagging assignments.
Componentised assets, shift depreciation, capex in one place
The hard parts of a plant's fixed asset register — done right, and by the book.
- Component accounting. Parent shells with child components, excluded from both engines so nothing double-counts.
- AS 10 replacements. Derecognise the old part with gain/loss, capitalise the replacement as a linked component.
- Shift depreciation. Schedule II Part C — double-shift +50%, triple-shift +100%, scaled by shift-days.
- CWIP capitalisation. Track projects, split cost across assets by direct, pro-rata or manual allocation.
New plant & machinery in a manufacturing entity qualifies for a 20% additional deduction. For assets used under 180 days, AssetOS splits it 10% now, 10% carried forward — automatically, with strict eligibility checks.
Statutory reports, generated — not assembled
Thirteen board- and audit-ready reports, computed from the same paise-accurate register. Export to PDF or Excel in a click, no more late-night VLOOKUPs.
- Fixed Asset Register (Sch II)
- IT Block of Assets
- Form 26 — Clause 36
- CWIP Ageing (Sch III)
- GST ITC Reversal (Rule 43)
- Book vs Tax → Deferred Tax
| 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 |
Defensible by design
Controls auditors expect, built into the workflow — not bolted on afterwards.
Maker–checker approvals
Segregation of duties on disposals, transfers and component replacements, with per-entity monetary thresholds.
Role-based access
org_admin, manager, associate and auditor roles, with financial redaction for users without view rights.
Immutable audit trail
Every change captured with actor, record and field — searchable, and scoped to admins and auditors.
FY freeze & period lock
Annual freeze and month-close guards prevent back-dated tampering across depreciation and estimate changes.
We'll get your register accurate before the software keeps it that way
Software only stays accurate if it started accurate. Our team handles the physical work — on-site verification and one-time asset tagging — and hands it straight into AssetOS.
- Fixed asset verification. On-site physical verification reconciled to your register — surfacing ghost assets, unrecorded assets and location or custodian mismatches.
- One-time asset tagging. Durable QR/barcode labels applied across your asset base and linked to the register, so every asset is scannable and audit-ready.
Verify
Scan every asset on-site
Reconcile
Match floor to the books
Tag
Durable labels, once
Handover
Loaded into AssetOS
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.