One application, one company file
Just FAR is a single Windows executable, activated with a product key, that opens one .fardb file at a time — your business's register — showing your own company name, logo and colours. Full asset entry, Excel import and reports.
How the data is organised
Your business is a single portable .fardb file — a SQLite database. Because it's one file, you can:
- Email it to your accountant or auditor;
- Keep it on a drive or network share;
- Double-click it to open Just FAR (after registering the file association once).
Money is stored to full precision, and grids sort client-side, so your Indian-lakh figures stay exact.
The asset master
Every asset carries the fields an Indian FAR needs:
- Identity: code, name, asset class and optional sub-class.
- Where & who: location, custodian.
- Purchase details: vendor, vendor GSTIN & state, invoice no & date, put-to-use date, quantity.
- Value: gross cost, residual value (enter as % of cost — it computes the amount).
- Method: SLM (useful-life years) or WDV (depreciation %).
- Lifecycle: active or disposed, with disposal date, sale proceeds and buyer name / GSTIN-PAN.
Derived values — opening WDV, additions, depreciation and closing WDV — are always computed, never typed, so they can't drift.
Asset classes carry defaults
Define an asset class once (e.g. "Plant & Machinery", "Computers", "Vehicles") and set its default method, useful life or rate, and residual %. Every new asset in that class inherits them, but you can override on any individual asset. Classes can be Tangible (depreciated) or Intangible (amortised through the same SLM path).
Adopting an existing register
Most businesses already own assets when they start. Instead of rebuilding history, Just FAR lets you adopt mid-life: enter the opening WDV and accumulated depreciation as on a date (typically 31 March or 1 April), keep the original put-to-use date, and the engine continues from there.
Disposals and profit/loss on sale
When you dispose of an asset, Just FAR stops depreciation at the disposal date, computes the written-down value at sale, and shows the profit or loss — the difference between your sale proceeds and the closing WDV. It's pulled through to the FAR schedule and the disposal register, and to the ERP journal voucher.
Reports you can file
For any financial year, export formatted Excel:
- FAR & Depreciation Schedule — gross block, additions, deductions, depreciation and closing WDV per asset.
- Asset Register (master) — everything about every asset.
- Additions Register and Disposals / Sales Register.
- Schedule III PPE — in horizontal (classes across top) and vertical (classes down the rows) layouts, plus an asset-wise version.
- ERP Journal — month-end & year-end depreciation, disposal and addition vouchers to post to your accounting ERP.
An audit trail, built in
Every change to every file is written to an audit log — who did it, what they changed, and when. That's peace of mind for you and for your auditor.
System requirements & security
- Windows 10 / 11 (64-bit). Self-contained executable — no .NET install needed on your PC.
- Fully offline-first. No internet needed day to day, no cloud storage. Data stays on the machine — the only online step is activating your product key once.
- Fast at scale: comfortable up to ~20,000 assets per file; handles 50,000.
- Backup & restore built into the File menu.