Fixed Assets. Your asset register and depreciation, done for you.
Every machine, vehicle, computer and fitting in one register — with depreciation worked out under both the Companies Act and the Income-tax Act, and the journal posted to your books.
- Companies Act
- Income-tax blocks
- SLM & WDV
- QR asset tags
| Asset | Cost | Dep. (Co. Act) | Book value |
|---|---|---|---|
| Delivery van · UP12 AT 4471 | 8,45,000 | 1,07,900 | 7,37,100 |
| Forklift · Godown 2 | 6,20,000 | 58,900 | 5,61,100 |
| Computers × 6 | 3,12,000 | 1,04,000 | 2,08,000 |
| Racking & fittings | 4,80,000 | 45,600 | 4,34,400 |
| Total | 22,57,000 | 3,16,400 | 19,40,600 |
Everything in Fixed Assets.
One register
Asset name, group, location, purchase date, supplier, cost, useful life and serial number.
Companies Act depreciation
Straight-line or written-down value with useful lives as per Schedule II.
Income-tax depreciation
Block-wise WDV rates, with half rate for assets used less than 180 days in the year.
Additions & sales
Buy from a purchase voucher; sell or scrap with profit or loss worked out automatically.
Journal posts itself
Monthly, quarterly or yearly depreciation entry posted to the right ledgers in one click.
QR asset tags
Print a tag for every asset with Smart QR Labels and check them during a physical count.
Book depreciation and tax depreciation, side by side.
Your CA needs both. AiHisab keeps them in parallel from the same register, so the tax audit and the balance sheet always agree on cost.
- Schedule II useful lives built in
- IT Act blocks and rates built in
- Difference available for deferred tax working
Three steps. No extra software.
Load your assets
Import your register from Excel or Tally, or add assets from purchase bills.
Choose the method
Pick SLM or WDV; tax blocks are set automatically.
Post & report
Post depreciation and print the register, schedule and block-wise working.
About Fixed Assets
Can I bring my existing register?
Yes. Import it from Excel with opening WDV, or our team brings it across during migration.
Does it handle assets sold mid-year?
Yes. Sale or scrapping works out depreciation to the date, profit or loss on sale, and the block adjustment.
Will my CA get the depreciation schedule?
Yes. Both the Companies Act schedule and the Income-tax block-wise chart export to Excel and PDF.
See your own books in AiHisab in 30 minutes.
We bring your Tally data in, open the dashboard, and let Atulya AI answer the first question you would ask your accountant on a Monday morning.