Asset Accounting

  • Cost Break-up
    Cost break-up of an asset can be maintained. Voucher wise details of cost break-up can be assigned to single asset.
  • Split
    Provision is made for splitting of an assets into several small assets.
  • Gain / Loss on Sale
    When asset is sold/discarded, gain or loss is automatically computed as per provisions of companies act. The WDV of block is suitably reduced for income tax purpose.