12 August 2025
An Inverter UPS would typically be classified as a fixed asset under plant and machinery or electrical equipment, depending on your company’s asset classification policy.
Why? It is a tangible asset used in business operations.
It has a useful life extending beyond one year.
It provides power backup, supporting business continuity.
Common asset heads it can fall under: Plant and Machinery
Electrical Equipment
Office Equipment (if used in office)
Others (Fixed Asset)
You can capitalize it and depreciate as per the applicable rates (usually under the Electrical Equipment/Plant & Machinery category).