We assist many corporates in managing and reconciling their fixed asset database. We undertake complete physical verification and affix bar coded tags on each type of assets available. Thereafter the next time the activity is capable of being done by hand held bar code scanners which is extremely accurate and efficient. On carrying out a reconciliation of the physical vis a vis accounting records we provide a location-wise or asset wise variance report. Our activities are broadly as mentioned under :
- Preparation and maintenance of fixed asset register.
- Running depreciation calculations as per statutory laws and US GAAP.
- Monthly capitalization and inventory reconciliation.
- Physical verification including a fixing of tags.
- Using barcode technology for identification of assets.