Fixed Asset Register vs MeltX FAM

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.

MeltX FAM is fixed asset management software for asset-heavy Indian organisations. It keeps a controlled register from procurement and tagging through maintenance, verification, and disposal. Assets can be identified with barcode, QR, or RFID tags; Android field teams can verify them, capture geo-tagged photographs, work offline, and synchronize later. The system calculates depreciation under Schedule II of the Companies Act 2013 and maintains a separate block-of-assets working under the Income Tax Act 1961. Maintenance functions include preventive schedules, work orders, breakdown and repair records, and warranty or maintenance-contract expiry alerts. Transfers, reassignments, impairments, and disposals can use role-based approvals, with field-level history retained. FAM exchanges asset masters, capitalization entries, and depreciation postings with finance systems, with integration scope confirmed during discovery. It shares asset records with MeltX ITAM, ITSM, Property Management, and Fleet Management. Deployment options are on-premise, State Data Centre, or India-hosted cloud. MeltX describes encryption, multifactor authentication, role permissions, immutable audit trails, and certifications including ISO 9001:2015 and ISO/IEC 27001:2022. Platforms are Android and web; pricing is available on request.