AssetLens vs Fixed Asset Register

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.

Fixed Asset Register is cloud software for maintaining fixed-asset records, calculating depreciation, verifying items, and producing audit-ready management information. It calculates Companies Act 2013 SLM/WDV and Income Tax block-of-assets depreciation in parallel, including mid-year additions and rules for assets held under 100 days. QR or barcode scans record an asset’s location, custodian, condition, and timestamp, with reports reconciling scanned and recorded items. The Android app supports lookups, verification campaigns, transfers, and disposals, with an offline cache; a Windows agent discovers device details including model, CPU, RAM, disk, operating system, and logged-in user. The service exports general-ledger postings compatible with Tally, Zoho, SAP, and other accounting systems. It runs on Android, web, and Windows and is positioned for CA firms, SMEs, enterprises, and multi-location groups in India. A free plan covers up to 10 assets and one user.