1. Fixed Asset Management

It’s not easy to manage fixed assets. The movement of assets and addition of assets should be recorded properly. Many business 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 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

• • Preparation of fixed asset register
  • Fixed asset management
  • Fixed asset reconciliation
  • Asset tagging service

Benefits of having a fixed asset register

1. • 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
     
     
2. Inventory verification services
   

   • The stock is The most valuable asset for any business and also probably most susceptible to pilferage, damage, expiry, wastage or fraud. The objective of stock verification is to prove the existence, accuracy, ownership rights and ensure the realizable value of the items in Company’s inventory. Accurate accounting of inventory also essential to a robust bookkeeping system and MIS reporting.

   • Since the inventory has many movements on business days, the process of routine physical verification become a difficult task for any organization. It needs proper planning, resource mobilization, and expertise.

   • Our team of experts can assist you to conduct the inventory verification and give more insights into your stock along with a proper reconciliation of existing stock records. Most of the business organizations, typically hold the inventory verification either yearly or half-yearly, to ensure that the physical inventory is matching with book stock and the differences and obsolescence are appropriately adjusted before the year-end financial audit.

   • Our Inventory verification and valuations’ services ensure the excess/shortage of materials in stock and identify the old/damaged inventory. It helps the management to have better internal control on inventory counting process without disturbing the current workflow and reduces the wastage and losses arising due to fraud or damage.

   • Our services

     • Physical Verification of stock

     • Physical status reporting

     • Stock reconciliation

     • Valuation of inventory

     • Assistance with inventory coding and categorization

     • Inventory Accounting

   • Our strength

     • Experience in the region

     • Trained, dedicated and experienced staff

     • Efficient use of technology

     • Timely reporting