This utility, designed to work with Microsoft 365, is a comprehensive, professional-grade Excel-based Fixed Asset Register (FAR) solution designed specifically for Indian compliance and reporting requirements. It empowers finance professionals, MSMEs, and Chartered Accountants to automate and streamline every aspect of fixed asset management—from accurate depreciation calculations to fully compliant financial and tax reporting.
Click here to a view sample copy with asset details included
This utility is IP protected. You will not be able to see all the formulae and you cannot change or edit the branding. But you can use the file as many times as you want. If you are looking for a completely unlocked version, email us.
Key Features
Simple Input: You just need to input basic details of assets and their categorisation for financial reporting and tax reporting. And you are done. The inputs are organized as three structured tables to avoid repetitive work.
Get automated reports: Whether you are looking for a Schedule III compliant fixed asset schedule or Tax Block calculation for Form 3CB, you get them ready-made, for any period that you choose.
MIS and Analysis: Gain instant access to a suite of internal reports—multi-period summaries, asset-wise closing balances, drill-down depreciation, and tax block movement—covering all needs from reconciliation to management reporting.
High-level customizations: Whether you want your MIS on an annual basis or a quarterly basis, it is just one click. You have the numbers in thousands, but you want them in lakhs, again just a click.
Extremely scalable: It does not matter whether you have a handful of assets or the numbers run into thousands; the file handles them all with ease.
Has solutions for ground-level issues: Is your FAR incomplete with old assets missing or have you not yet assigned asset IDs? We have them covered. Apply a simple reconciliation fix and get all your future tax computations in line with your past filings, without needing to redo anything.
Download once, and use for all your clients: Once you download the file, you can use it as many times as you want and for as many clients as you want. You also have the full rights to share the final output to anyone. However, beware not to share the utility itself outside your organization.
Who Should Use This?
MSME finance teams seeking accuracy, compliance, and time savings.
Chartered Accountants and accounting firms handling statutory audits and tax filings for multiple clients.
Businesses of all sizes that need a robust, transparent, and scalable fixed asset management system for regulatory compliance and business decision-making.
Why Choose This Utility?
Move beyond spreadsheets that are error-prone and time-consuming to maintain. This utility is built for accurate, audit-ready, and automated fixed asset management—designed by financial modeling experts for professionals who demand precision, compliance, and control. Every report is ready for auditors, and every entry is under your control.
Invest once. Eliminate manual rework. Stay audit-ready all year.Available for immediate purchase and implementation. Accept the terms, enter your asset data, and start benefiting from professional automation today.
Fixed Asset Register Utility: Using SLM approach
The utility is in *.xlsx format.
The utility works only in MS Excel in Microsoft 365, which is updated for all the current features.
- The copyright for this utility belong to Profectus Learning and Talent Solutions Private Limited (hereinafter, referred to as Profectus)
- You are allowed to use this only if you have purchased it from Profectus or you have lawfully obtained it from them.
- Unauthorized distribution or tampering of this file is prohibited.
- Tampering with any protected elements may make the file unusable, and Profectus shall not be obliged to rectify the same.
- The accuracy of the model has been validated on a best effort basis by Profectus. If the model produces incorrect output, the liability of Profectus shall be limited to the amount charged for the product. It shall not be liable for any consequential damages.

