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FixedAsset Pro

Industry solution · Manufacturing

Every machine on the floor, every rupee on the books

Plant machinery is where most of a manufacturer's capital sits and where most of the surprises happen: a breakdown nobody logged, a CNC machine moved between lines without a record, a CapEx project that quietly became a CWIP balance. FixedAsset Pro keeps the register, the maintenance history and the finance figures on the same asset record.

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Who this page is for

  • Manufacturing companies
  • Industrial groups
  • Factory owners
  • Plant managers
  • Finance leaders
  • Maintenance managers

Common challenges

The operational and financial problems this industry brings to an asset register, and what FixedAsset Pro does about each.

  • Operational

    Downtime is felt, not measured

    Breakdowns are fixed and forgotten. Without work orders tied to the asset there is no MTBF, no MTTR and no case for replacing the machine that keeps stopping the line.

  • Operational

    Machines move between lines and plants

    A press shifted from Line 1 to Line 3, or a forklift lent to the second plant, rarely reaches the register. Verification then finds assets in the wrong place and nobody remembers why.

  • Operational

    Calibration and safety checks live in binders

    Gauges, test equipment and safety gear need dated checks with a second signature. Paper records are hard to find when a customer audit or an incident review asks for them.

  • Financial

    CapEx projects drift into CWIP

    A new machining line is budgeted, ordered, installed and commissioned over months. If capitalisation waits for a year-end clean-up, depreciation starts late and the CWIP ageing is unexplained.

  • Financial

    Two depreciation books, one spreadsheet

    Companies Act lives and Income-tax blocks are kept in separate workbooks, with extra-shift depreciation worked out by hand. Every year-end the auditor asks how a figure was reached.

  • Financial

    Overhaul or replace is a guess

    Deciding whether to overhaul or replace a machine needs its age, maintenance cost, downtime and book value side by side. Those numbers usually sit in four different systems.

Asset categories you can track

Categories, lives and depreciation rates are configurable; these are the ones this industry usually needs.

  • Production machinerypresses, injection moulders, furnaces, packaging lines
  • CNC machinesmachining centres, lathes, grinders, with tooling as components
  • Tools and equipmentjigs, fixtures, dies, test benches, welding sets
  • Forklifts and material handlingforklifts, stackers, cranes, hoists
  • Utilities equipmentcompressors, boilers, chillers, DG sets, transformers
  • Industrial ITPLCs, HMIs, SCADA servers, shop-floor terminals
  • Safety equipmentfire systems, gas detectors, safety gear issued as assets

Applicable workflows

Each workflow is a product area; the link opens the feature page.

  1. Step 1

    Breakdown, work order, history

    Report a breakdown from the register, the dashboard or a scanned tag. The work order records parts, cost and downtime against the machine, and preventive schedules by time or meter raise their own orders.

    Maintenance & AMC

  2. Step 2

    CapEx project to capitalised line

    Budget, approve and track a project such as a new machining line; book vendor, material, labour and trial-run costs to CWIP and capitalise when the line is ready for use.

    Procurement & CapEx

  3. Step 3

    Transfers between lines and plants

    Moves between location, department, branch or company go through an approved transfer, so the register and the plant layout agree and the audit trail shows who moved what.

    Asset Lifecycle

  4. Step 4

    Companies Act and Income-tax books together

    Schedule II lives, extra-shift and component depreciation by policy, s.32 blocks with the 180-day rule, and an Explain view for any asset's figure.

    Depreciation

  5. Step 5

    Plant-wide verification with scanning

    Count a shop floor by scanning the room label and then each tag with a USB scanner or webcam; missing, found-elsewhere and custodian-mismatch queues are resolved into transfers or write-offs.

    Physical Verification

Key features

  • Downtime, MTBF / MTTR and PM compliance

    The maintenance dashboard shows maintenance cost, open and overdue work orders, downtime hours, availability and preventive-maintenance compliance for the period and branch you pick.

  • Calibration with a second-person approval

    Calibration records with tolerance checks and a second-person approval, kept on the asset next to its warranty, AMC and insurance cover.

  • Component accounting

    Significant parts such as spindles or motors can be recorded as components with their own cost and life, so a replaced part is accounted for without rewriting the parent asset.

  • Replacement Intelligence

    A review list of assets past their useful life, costly to maintain or often down, with the reason and evidence for each; it drafts a CapEx request when you decide to replace. A review list, never an automatic decision.

  • Tags that survive the shop floor

    QR, barcode, Data Matrix and RFID labels generated from the register, with reprint, replace and full tag history; the QR carries a secure identifier, never sensitive data.

  • Reports for the plant and the auditor

    Asset Age Analysis, Replacement Due, Idle Assets, Warranty and AMC Expiry, Fixed Asset Schedule (Schedule III) and the CARO 3(i)(b) verification statement, from one Report Centre.

Example dashboard

The maintenance dashboard for a plant

A real screen of the desktop edition, captured on a demo server. The figures are sample data, not customer data.

Maintenance dashboard with work orders, preventive schedules, downtime and AMC cover
Product screenshot · desktop edition · demo data · Desktop edition, demo data: the maintenance dashboard for one financial year across all branches.

What this screen shows

  • Maintenance cost against the previous period
  • Open and overdue work orders
  • Downtime hours and open breakdowns
  • MTBF / MTTR
  • Availability
  • PM compliance
  • Upcoming maintenance, warranty and AMC end dates

Typical buyers and users

Deployment considerations

The desktop edition is available today for a single PC or an office LAN; the cloud-hosted web edition and the mobile app are available too. All start with your real company, never demo data.

  • Desktop editionAvailable now

    Runs today on a server PC inside the plant's LAN. Shop-floor PCs run the client, scan with USB scanners or webcams, and daily work needs no internet. Local AI and OCR stay on your server.

  • Web editionAvailable now

    Suits groups with several plants and a central finance team: one browser login with a Year, Company and Branch context bar, approvals from anywhere and executive dashboards across sites.

  • Using bothSame rules, same engine

    Plants that start on desktop keep their register; both editions use the same depreciation engine, approval chains and audit trail. Mobile counting is a companion of the web edition only.

Compare deployment models

Frequently asked questions

Can we record extra-shift depreciation for machines running two or three shifts?

Yes. The Companies Act book supports extra-shift depreciation by policy, alongside Schedule II useful lives and SLM or WDV per category or asset. Agree the policy with your auditor before the first run.

How do we handle a machine that is rebuilt with a new spindle or motor?

Record the part as a component of the parent asset with its own cost and life. Component accounting keeps the replaced part's history without rewriting the machine's record.

Do we need the internet on the shop floor?

Not for the desktop edition. It runs on your LAN: one server PC holds the database, client PCs connect to it over the office network, and scanning works with USB scanners or webcams.

Can preventive maintenance be scheduled by running hours instead of dates?

Yes. Preventive schedules can be based on time or on a meter reading, and the work orders are raised automatically when a schedule falls due.

How does a CapEx project become an asset?

Budget and approve the project, book costs to CWIP (vendor, material, labour, borrowing cost and trial runs), then capitalise from CWIP when the line is ready for use. CWIP ageing is reported in Schedule III buckets.

Can the register be imported from our existing spreadsheet?

Yes. Import from Excel, CSV or JSON with a column-mapping wizard, a dry run that checks every row, and opening balances for both books tied to your audited Schedule III totals. See Fixed Asset Management.

Guides and articles

Published articles tagged for this industry.

Other industries

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See FixedAsset Pro on your own plant register

Start a free trial, or book a demo and bring your machine list, your maintenance log and last year's depreciation schedule.

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