Fixed Asset Counting
Fixed asset management covers all phases of your fixed assets' life cycle from purchase to scrapping, in a systematic structure within your company...
Fixed assets are the cash values held by companies. These include all technological equipment (Notebooks, PCs, PC Accessories, Network Systems) and non-technological (Office equipment, modular items, operational materials, and other fixed assets) within your organization. Fixed asset management is about setting a standard for these, detecting over or underinvestment, preventing them, and reducing costs. It's essential to systematically track the addition of new fixed assets every year and scrapping some, keeping up-to-date information on what you have, where they are, where they were bought, how much they were bought for, and who is currently using them.
Fixed asset management is a multifunctional task that can significantly affect company costs. Correctly tracking fixed assets, which constitute a significant part of a company's capital, is crucial for accurately monitoring company assets. Purchasing your assets as needed, consolidating them into a system, tracking, and recording all types of fixed assets scattered across disparate structures and different locations of organizations requires a significant amount of personnel, time, and effort.