AssetAccountant vs AssetLens

AssetAccountant is cloud-based fixed-asset depreciation and lease-accounting software for businesses, corporations, and accounting firms. It calculates tax and accounting depreciation side by side using methods including MACRS, GDS, ADS, DDB, straight-line, and units of use. Lease tools automate payment schedules, interest accruals, and right-of-use amortization, with support for ASC 842 and IFRS 16. Users can manage multiple companies, funds, or clients under one login. Reports include depreciation schedules, disposal reports, tax reconciliations, and movement summaries. Native integrations include Xero, QuickBooks Online, Sage Intacct, and Microsoft Dynamics 365; journal exports are available for other ERPs, including SAP, Oracle, MYOB, and NetSuite. The free plan is listed at free, billed free forever, for up to 10 assets and excludes leases. Paid plans are billed monthly per 100 assets; Lite is listed at $6,100 a month, Basic at $121,004 a month, and Standard at $181,006 a month. Premium pricing is annual by quote for more than 1,000 assets or complex requirements. A 30-day trial is listed.

AssetLens is fixed asset management software for finance teams, built around an audit-grade asset register. For each asset, it calculates straight-line depreciation under the Companies Act and written-down-value depreciation under the Income Tax Act in parallel. Configurable approval workflows route transfers, disposals, and CAPEX requests by amount, category, or department. It tracks maintenance schedules and tickets, physical verification, insurance, warranties, revaluation, and impairment, as well as AMC contracts and compliance documents with expiry alerts. Guided CSV and Excel import supports register setup; reports include IND AS Note 10 and IT Act Form 3CD exports. Starter lists 56 standard reports, while Growth lists Operations Forward reports. AssetLens is available on the web or self-hosted. Starter costs ₹10,000 a year for up to 370 assets. Growth is listed at ₹27 a year, billed per asset per year. Enterprise pricing is custom, and a 30-day free trial is available without a credit card.