Tally Add-On Modules
Extend Tally Capabilities with smart add-ons
Fixed Asset Register with Depreciation
Fixed Asset Register with Depreciation
Fixed Asset Register as per Company & Income Tax Act P1.4
Highlights
It is required to maintain Fixed Asset Register as per Companies Act as well as Income Tax Act. Depreciation needs to be computed during finalization of Accounts under both the Acts.
Asset category wise register is available to see the categorywise report
Assets can be tracked using location through Location-wise asset register
Tracking of amendments in Depreciation rates throughout the life of Asset
Auto Calculation of depreciation as per Companies Act/Company Diminishing Act/Income Tax Act
Description
This Add-on efficiently manages fixed assets by maintaining a complete Fixed Asset Register in compliance with both the Companies Act and the Income Tax Act. It supports accurate tracking of asset acquisition, disposal, and depreciation calculations required during financial finalization. The solution enables users to generate three types of Fixed Asset Reports, including Company Act, Company Diminishing Act, and Income Tax Act formats, ensuring proper statutory compliance and simplified asset management.
Category :
Fixed Assets
Alias :
TS003E
Compatible With:
Tally.ERP 9, TallyPrime
Frequently Asked Questions
Everything you need to know about Tally Add-on Modules
What are Tally Add-on Modules?
Can add-ons work with existing Tally data?
Can multiple add-ons be installed together?
Are add-ons customizable?
Can custom modules be developed for unique requirements?
