Asset Register Module

Digitize Your Fixed Assets with Smart Record-Keeping

With SourcePro’s Asset Register Module, create asset cards, calculate depreciation as per IT and Companies Act, and maintain a centralized asset ledger for audit-ready tracking.

Intro

Spreadsheets Can’t Handle Growing Asset Bases

Without a structured system in place, businesses face:

No Standard Asset History
No Standard Asset History
Capital purchases are not properly tagged or tracked.
Error-Prone Depreciation
Error-Prone Depreciation
Manual calculations lead to compliance risks.
Scattered Records
Scattered Records
Finance teams struggle during audits due to lack of centralized asset visibility.

One Ledger for Every Asset, From Purchase to Depreciation

The Asset Register Module helps you document every asset from the moment of purchase, apply compliant depreciation methods, and maintain accurate records for audits and internal reviews.

  • Create asset cards for all capital goods purchased
  • Capture asset value, date of acquisition, location, and useful life
  • Apply depreciation calculations based on IT Act and Companies Act norms
  • Automate monthly or yearly depreciation entries
  • Maintain a complete asset register for all fixed assets
  • Generate asset-wise reports for finance and audit purposes

Better Asset Tracking, Smarter Compliance

Capital Asset Visibility
Capital Asset Visibility
Track every capital purchase with individual asset cards
Compliant Depreciation
Compliant Depreciation
Apply depreciation as per IT Act and Companies Act without manual effort
Error-Free Valuation
Error-Free Valuation
Reduce discrepancies in asset value reporting and improve accuracy
Audit Readiness
Audit Readiness
Keep centralized, structured asset records to support audit and review processes

Get Clear Records of What You Own and How It’s Depreciating

Whether it’s for financial statements or compliance checks, the module offers a straightforward view of your asset base, depreciation methods, and historical changes.

Fixed Asset Register
Asset Card Listings
Depreciation Schedule Reports (as per IT Act / Companies Act)
Keep Your Asset Records Clean, Centralized, and Compliant
Simplify how you track capital purchases and calculate depreciation—with SourcePro’s Asset Register Module.

Frequently asked questions

Yes, the module supports both IT Act and Companies Act depreciation methods.

You can store asset name, category, value, location, date of acquisition, and more.

Yes, the system generates complete asset-wise and depreciation reports that are audit-ready.

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