AssetLens vs Minty Assets

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.

Minty Assets is web-based fixed asset register and depreciation software for book accounting, audit trails, journal entries and report exports. It supports component accounting, so parts of an asset can have separate costs, residual values, useful lives, depreciation methods and in-service dates. Listed methods include Straight Line, Declining Balance, Double Declining Balance, Sum of Years Digits and No Depreciation. Its workflows cover IAS 16 component accounting, IAS 36 impairment events, IFRS 5 held-for-sale classification, disposals and annual estimate reviews. Users can preview, post, reverse and export balanced depreciation journals traceable to assets and components. Eight reports include an asset register, depreciation schedule, roll forward, expense summary and journal report. The CSV import wizard maps and validates columns and can create opening accounting history for partially depreciated assets. Journal exports include Xero, QuickBooks and Sage presets, as well as custom mappings. Starter is free, billed Forever; Pro is $9 a month, billed annually. Accountant is $29 a month, billed annually. US tax depreciation and MACRS are unsupported.