Capitalize equipment, machinery, and office furniture directly from purchase bills. Track book value and compute depreciation automatically.
Yes. Likhtam allows businesses to classify capital purchases as fixed assets, schedule straight-line or written-down value (WDV) depreciation, and reflect net asset values accurately on the Balance Sheet.
Real features engineered for real business operations, not generic templates.
Mark equipment on purchase bills as a Fixed Asset; posts automatically to Balance Sheet.
Choose Straight Line Method (SLM) or Written Down Value (WDV) with periodic depreciation entries.
Record asset sales or retirement with automatic calculation of profit or loss on disposal.
View original purchase cost, accumulated depreciation, and current written-down value.
A clear, step-by-step process designed to keep your books completely balanced.
Add vendor bill for machinery, vehicles, or office equipment.
Select depreciation rate percentage and computation method.
Periodic depreciation entries debit expense and reduce asset book value.
Assets reflect true net values without manual spreadsheet adjustments.
Clear details about Likhtam's capabilities, offline support, and compliance.
Yes. You can internalize inventory items into fixed assets with a single journal voucher.
Yes. You can set specific rates per asset category to match statutory requirements.
Free forever on your phone or PC. Optional cloud sync and multi-user access when you need it.