Managing physical and fixed assets presents significant challenges, including tracking their location, quantity, condition, maintenance, and depreciation. Fixed Asset Management service provides a systematic approach to maintaining, upgrading, and managing these assets effectively.
Our Fixed Asset Management Services Include:
- Asset Verification & Tagging: Conduct physical verification and tag assets for accurate tracking.
- Fixed Asset Register: Maintain and update the Fixed Asset Register (FAR).
- Assessment & Records: Assess the Fixed Asset Register and accounting records.
- FAR Updation: Regularly update the Fixed Asset Register.
- Regulatory Compliance: Assist in achieving regulatory compliance related to asset management.
- Fair Value Assessment: Determine the fair value of assets to potentially reduce insurance and tax costs through accurate depreciation calculation and valuation.
- Asset Tracking: Track the movement and proper disposal of assets.
- Inventory Verification: Perform dynamic inventory verification and identify any ghost assets.
Our service ensures comprehensive, cost-effective physical audits and efficient inventory management, helping you maintain control over your fixed assets.