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Spine Fixed Assets Manager

Spine Assets is a very simple, flexible and user-friendly Fixed Assets Management software for asset and depreciation accounting keeping in view the requirements of India Companies Act and Indian Income Tax Act.

It is generally agreed that maintaining the data relating to assets, its locations, servicing and depreciation accounting has become very necessary in view of substantial amount of funds being employed in the Company’s fixed assets and its maintenance

“Increasing automation makes planning and monitoring of fixed assets for external and internal accounting purposes even more important. In addition to pure accounting and balance sheet preparation, there are extensive requirements for controlling and maintenance monitoring. Furthermore, one must be able to determine easily and precisely the even more complex requirements of asset and depreciation accounting both at books and tax levels and also for different periods.”

Key Feature

  • Complete Asset records upto component level further broken into piece of cost.
  • Powered Wtih RDBMS Technology ( Ms Access / Ms SQL / Oracle )
  • Compatible with ERP Solutions ( Navision , SAP)
  • Compatible with Accounting Software Like ( Tally ).
  • Compatible with any Barcode Lable Printing Machine.
  • Master Data Import.
  • Multi User / User Level Access
  • Minimum User Entry
  • Multi Company.

Statutory Report

  • Fixed Asset Schedule as per Companies Act , Income Tax Act & as per parent co abroad (MNC).
  • Statutory format of Fixed Asset Register.
  • Automatic calculation of Gain/loss as Per I.T. on disposal of assets.
  • Different methods of depreciation viz. SLM, WDV, Expiry of Life of the asset.
  • Daily Shift marking for calculating shift-wise depreciation.
  • Taking care of forex loss and cenvat..


  • Different accounting years for books ( companies act ), income-tax and MNC years.
  • Valuation Report for Insurance etc
  • Reminders for AMC, Warranty and Insurance Expiry
  • Complete management of AMC and Warranty Expiry and Servicing of assets.
  • Detailed Depreciation Calculation-asset wise, location wise and cost centre wise
  • Locationwise Data Access Control.
  • Various MIS Reports for Asset Acquisition and disposal
  • Relocation reports for assets as well as components.
  • Allows use of Account codes and export of Journal entries for depreciation .

Detail Description

Spine Assets Manager is a fully integrated package developed on 3-tier architecture using Visual Basic and SQL platform. Further, it is possible to connect any database engine such as MS-Access or SQL-Server/Oracle. The software needs Pentium and above machines and is developed for Windows based operating systems with Windows XP or above clients, using standard networking techniques.

Spine Assets Manager gives the power of its own reports writer whereby all the reports can be viewed, printed or exported in csv, excel or many other forms.

Spine Assets Manager is conceived by experts who have considerable technical as well as functional expertise .

Import Existing Data:

Your existing Assets data if it is stored in excel formats can be easily imported in to our software.

Charts :

Charts and graphs on Depreciation / Cost /WDV basis etc.

Report Writer:

Spine Assets has a very flexible report writer built into it. Besides all the statutory reports , the user can design his own customized reports by selecting many of the fields within the reports. Report Writer can save your different query any conditional display of report made possible.

Retrospect Calculation of Depreciation:

Spine Assets automates the whole process without any human intervention saving enormous amount of time. to calculate such depreciation differences.

Physical Verification :

Made easy with integration of barcode reader optional available with manual entry. Keep multiple set of Verification records.


SPINE ensures successful and efficient implementation of software by offering the optimum level of training to user with experienced consulting and technical support team. We are committed to support our customers with high quality training services and we do this through dedicated training session. Building on extensive domain knowledge and continuous investment in leading edge technologies along with continuous involvement of clients experience and feedback SPINE has achieved one of the best practical software solutions for Payroll and fixed assets management system.