Verasset completes several fixed asset inventory projects bringing the second quarter to a close. A few highlights from this month; Verasset completes a fixed asset inventory and reconciliation project for a Ford Dealership. The scope of work entailed conducting a physical inventory of capital and some non-capital fixed assets, reconciliation of the fixed asset register, […]
Governmental Accounting Standards Board (GASB) Statement 34, also known as GASB34, is a lengthy regulation related to financial reporting for state and local governments. GASB34 requires that state and local governments file comprehensive annual financial reports. The annual report must include a detailed accounting related to the agencies capital assets. Capital assets, according to GASB, […]
Manufacturing companies, regardless of size, typically have a significant investment in capital assets. Regardless of what it is they produce, specialized machinery, tools, equipment, vehicles, etc., are used in daily operations. This is in addition to the everyday office equipment (furniture, IT equipment, etc.) used to run the business. If the company is publicly traded, […]
RFID Physical inventoryVerasset provides physical inventory services and turn-key asset tracking solutions across nearly every industry. This blog series will highlight various industries in which we are providing these services and solutions. While the nature of the various markets can clearly differ, their goals are often very similar, asset visibility. They want to know what […]
You’ve done your research, hired a knowledgeable vendor, and have determined the best set of RFID tags to track your assets. You now have thousands, tens of thousands, or maybe even hundreds of thousands of RFID tags that need to be affixed to and associated with your fixed assets. The best course of action in […]
can be a complex task. Our last several blog entries discussed the various technical aspects of RFID hardware and software as well as considerations for implementing the technology. We briefly discussed the standards imposed by different regions and the impact on RFID tag selection. We will now discuss the labor intensive task of selecting and […]
Mobile and stationary RFID readers utilize software, referred to as firmware, in order to operate. Firmware is unique to the device manufacturer and is embedded within each device. Software that sits in the middle, between firmware and back end transaction processing systems, is known as middleware. Middleware accepts information from firmware and relays it to […]
In our last blog post, we discussed the standardized recording of information encoded into the chip of an RFID tag. We will now explore how this information is captured for processing. End users access information encoded into the chip by detecting an RFID tag using either mobile or stationary RFID readers. There are several primary […]
A number of organizations have set standards for RFID, including the International Organization for Standardization (ISO), the International Electrotechnical Commission (IEC), ASTM International, the DASH7 Alliance and EPCglobal. We will focus on the standard developed by EPCglobal as this applies to the use of passive RFID. The current standard is known as EPC GEN2, short […]
An RFID site survey is a physical survey of the premises where the use of RFID equipment is will be installed and implemented. The survey identifies optimal locations for the physical installation of RFID readers and antennae. When considering the use of RFID equipment, it can be difficult to predict the propagation of radio waves […]