The Optima asset card is a digital, simplified, and paperless solution that allows you easily and quickly process your asset or gadget purchase claims. Employees can pay, upload, manage and review the asset claims against the Asset Card using the Zeta App interface. The interface delivers a great deal of flexibility in overall asset purchase claim process that adapts to your organisation's policy. The program automates the time-consuming, manual, and traditional asset reimbursement process such as verifying, storing, submitting bills and invoices to process the claims.
Employee can view and use the Asset Card on their Zeta Mobile App, which is available for Android, iOS and Windows phones. They can also use the Zeta web console for gadget purchases.
The purchased gadget has to be in the employee’s name. Contact your HR for approved asset or gadget list and affiliated merchant outlets (for both offline and online). |
Install the Zeta app on your smartphone from app store. To download and configure Zeta app, see Setting up an Employee Account. |
Employees receive asset claims from employers when they submit billing proof towards asset purchase for office use only.
Ensure that bill is issued in your name, and the address mentioned as your organization location. This is mandatory to avail tax benefits.
Zeta recommends you to furnish KYC information using the Zeta app to upgrade your card limit and to avoid rejection of higher amount transaction as set by RBI while using the Optima prepaid card.
Per IT act, you can avail full income tax benefit on the purchase of electronic gadgets such as laptops and computers. Other movable gadget claims are taxable perquisites and you pay a tax of 10% of original cost of the asset.
You must upload supporting billing evidences and invoices against asset purchase claims in the Zeta App interface to avail tax benefits as per company and IT guidelines.
Here is an important update, all your reimbursement instruments get closed after every financial year end and the following settlements are done for any outstanding balance in your cards and the amount stuck in your holding account:
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Ensure the following:
You’ve received an Optima asset card from your HR. Note that your email ID must be verified to receive the asset credits if prepaid card is issued on your email ID.
You’ve appropriate balance in your asset card or cash card to initiate payment through Zeta platform and to avoid transaction declined error.
The Zeta Asset card provides a simple workflow to claim your non-taxable electronic gadget purchase expenses. All you need to do is:
Receive a Zeta asset card from your HR
Pay your asset expenses to merchants (offline or online) using the Zeta app and Zeta Super Card
Upload the valid and legible bill of your purchase
Your claim would be processed in one to three business days after successful verification.
For a quick walk through, navigate to Cards > Asset Card. Tap the Asset Card, and then click User Guide. This opens up a quick reference guide or FAQs explaining the asset reimbursement facts. |
The Optima digital asset card provides an intuitive interface that simplifies asset purchase claim process. It allows employees to manage asset expenses digitally. Using the Zeta app you can buy approved assets from various e-commerce portals, upload bills and invoices for approval, analyze the approved, declined or in review claims, and so on.
Do safeguard your asset bills and invoices for warranty or future auditing. Contact your HR for more details. |
Under the Cards tab, your active asset card appears as shown below:
Using the Optima asset interface, you can perform the following tasks:
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