Fixed Assets Management

Manage Fixed Assets Cycle Management

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Introduction

Fixed assets represent a significant investment for an organization and assurance on the investment of the shareholder's fund is of prime importance. Similarly, physical verification and reconciliation of Inventory is also required to ensure the optimization of working capital. By taking a right approach to asset tracking and inventory audits, the process of managing assets and inventory can be optimized efficiently.

Fixed assets management is an accounting process that seeks to track fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. IBSOL provides the service of Capitalization and Fixed Assets Management as a complete project solution. We have provided this service from a small scale unit organization to large scale unit organization having different business segments and sites spread over various region in the world.
Following activities are carried out under Fixed Assets Management :

  •  Preparation and Maintenance of FAR in standard ERPs.
  •  FA Capitalization.
  •  Physical Verification & Reconciliations.
  •  Strong & Experienced Verification and Backend Team.
  •  Using barcode technology for identification of assets.
The general accounting services includes : -

  •  Preparation and Maintenance of FAR in standard ERPs.
  •  FA Capitalization.
  •  Physical Verification & Reconciliations.
  •  Strong & Experienced Verification and Backend Team.
  •  Using barcode technology for identification of assets.
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