Fixed Assets Records

We help enterprises, especially large manufacturing houses with multi locational presence, build the fixed asset record keeping system ground up. Our services would include:

  • Physical survey of all the facilities like factories of the enterprise and identifying the broad asset groups under different category of assets
  • Physical verification of individual assets under each group
  • Designing the asset identification / numbering scheme
  • Verification and classification of vouchers relating to capital expenditure
  • Linking each invoice / voucher to the individual asset or sub asset
  • Identification of asset related expenses like civil work, freight, installation expenses and other direct expenses and apportioning the same to the individual asset
  • Identifying pre commissioning expenses directly attributable to any asset and capitalising the same
  • Asset identification labels / tags
  • Updating the details of the asset accounting software
  • Building Fixed Asset Register
  • Periodic verification and maintenance of records for additions / deletions / movements.