Purchase, installation, location, depreciation and disposal recorded for every asset inside Tally, so the fixed asset schedule your auditor asks for is already there.
An Excel sheet maintained by one person, purchase invoices in a different folder, and depreciation worked out again every year.
Fragmented local files result in mismatched quantities, untracked locations, and inaccurate registry valuation.
Working out asset life, residual value and written-down value by hand for every asset increases computational errors.
Transferring devices between branches without logging locations creates ghost assets and operational delay.
Locating historical purchase records and computing variance checks manually slows audits down significantly.
Every stage an asset goes through, from the purchase order to the day it is sold or scrapped, recorded in Tally.
Groups, categories, asset life and residual value.
Issuing purchase orders against approved assets.
Recording the purchase against the order inside Tally.
Recording the exact installation date of the asset.
Mapping deployment and the location in-charge.
One-click computation net of residual value.
Writing off values and posting gains or losses.
Asset groups and categories, purchase and put-to-use entries, depreciation working, transfers between locations, and the reports built on top of them.
Establish nested classification registers to cleanly separate business divisions and item types under Tally structure:
The entries that make up an asset's life, each posting to the ledger as it is recorded:
Get clear insights instantly with three ready-built reports covering valuation, group schedules and disposals.
High-level overview of total asset holdings, capitalization rates, net book values, and current year additions.
Block-wise movement of each asset group: gross block opening, additions and deletions, depreciation for the year and closing net block.
Date of sale, cost of asset, residual value and depreciation value, with the selling value factored in to calculate profit or loss on sale.
The manual work that disappears once the register lives in Tally.
This module extends Tally rather than replacing it. It lives inside your current environment, ensuring zero database fragmentation and maintaining a clean operating ledger.
Asset entries automatically sync with Tally purchase vouchers instantly.
Fits perfectly inside standard purchase, sale, and journal entry cycles.
No external sync bridges needed. Your asset data stays safe within Tally files.
Engineered explicitly for Indian businesses using standard Tally ERP/Prime editions.
Consistent depreciation working, schedules that reconcile, and a purchase record attached to every asset.
Send us your current asset sheet. We will load a sample of it and show you the depreciation working and the block-wise schedule that comes out.