ASSET LIFECYCLE MANAGEMENT BLOG
Stay tuned for regular updates on all things asset tracking, RFID, bar coding, fixed asset inventory, asset tagging, and moreReconciliation Entry 6 – Bundled Entries in the Fixed Asset Register
Reconciling physical assets to ledger entries, also known as matching, can take on a variety of forms. In fact, the reason to reorganize and...
ReconciliationMethods
As discussed earlier in this blog series, the first step in reconciliation consists of exact matching of physical assets to logical records using...
Reconciliation and Verification- Issues
The process detailed in the previous blog entry summarizes a common problem faced by many organizations. However, in some cases we have found that...
Reconciliation and Verification – Focus
Reconciliation can be very time consuming and labor intensive, thus expensive. In recognition of this, our next step in the review process is to...
Part 2: Fixed Asset Reconciliation and Verification – Organization
To simplify the fixed asset reconciliation process and prepare the fixed asset register, we make a copy of the existing register and reorganize the...
Fixed Asset Reconciliation and Verification – Part 1
A typical Verasset service engagement entails conducting a physical inventory of fixed assets, asset tagging, capturing information, and reconciling...
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