Fixed Asset Management

It’s not easy to manage fixed assets. The movement of assets and the addition of assets should be recorded properly. Many businesses face significant challenges in tracking the location, quantity, condition, maintenance, and depreciation of the assets.

Our experts will help you manage your assets professionally and keep track of your assets. Our expert team will help you classify assets and sub-assets based on the hierarchy, location etc.

Be it a small or large organization, service or manufacturing, fixed assets are an integral part of every business. It is important for every business to have a fixed asset register and maintain it properly. It helps business to reduce cost, detecting and preventing from fraud, maximize your asset value and in decision making.

Fixed Asset Management Services

Our services include preparation of fixed asset register, fixed asset management, fixed asset reconciliation and asset tagging service.

Benefits of having a fixed asset register

  • Calculation of annual depreciation
  • Helps in keeping a track of your assets
  • Will help in proper budgeting and cash flow regarding maintenance of assets, upgrading assets and replacement of assets
  • Prevention of fraud and theft of assets
  • Helps at the time of audit for credible opinion on assets
  • Helps to organize and keep the complete listing of the assets 

Fixed asset tagging

We will help you tag your assets to keep track of it. From bar code tags to metal and most sophisticated RFID tags which can track asset movements.

Fixed asset Reconciliation

Every business must have an accurate record of fixed asset for making sound business decisions and ensure that there is no excess spending on fixed asset. It is very important to have your fixed assets reconciled periodically to ensure that the assets are intact and utilized. It also helps to locate the unused assets, missing assets and obsolete assets.

HOW WE CAN HELP YOU?

Our expert team will help you manage your fixed assets professionally by reducing time and cost. From preparing an asset register to managing it regularly by tracking the movement of assets, our team has proven records in managing large number of fixed assets of clients spread across various industries such as:

  • Contracting
  • Developers
  • Hospitality
  • Manufacturing
  • Health Care
  • Trading and Warehouse

 

Contact Us

Speak to our Partner

John Varghese, Managing Partner

Get in touch

Whatever your question our team will point you in the right direction

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