by Verasset | Apr 16, 2013 | Asset Reconciliation, Barcode Labels, Fixed Asset Inventory, Fixed Asset Reconciliation, Latest News
Verasset Corporation is offering a free asset tracking barcode system to customers that purchase their professional inventory services. The limited time promotion is in response to the increase in demand from smaller to mid-sized organizations for affordable barcode...
by Verasset | Apr 2, 2013 | Barcode Labels, Fixed Asset Inventory, Latest News
Bar codes are everywhere. They are used to track everything from food, to books, mail, clothing, computers, to checked luggage. A commonly recognized use of barcodes is during point of sale activities such as supermarket checkout. The use of barcodes reduces the...
by Verasset | Mar 28, 2013 | Asset Appraisal, Barcode Labels, Fixed Asset Inventory, Latest News, Physical Inventory, RFID, RFID Labels, Sarbanes-Oxley Act
Regulatory Compliance- The number 1 reason we find that our customers need to conduct a physical inventory is regulatory compliance. Compliance issues vary depending on the organization, and can include; audit, Sarbanes Oxley (SOX) compliance for fixed assets, and...
by Verasset | Mar 18, 2013 | Asset Reconciliation, Fixed Asset Inventory, Fixed Asset Reconciliation, Latest News, Physical Inventory
Reconciling fixed asset financial records can be a daunting task. Multiple record sources are involved including; payables, purchase orders, registers, and the general ledger. A significant hurdle is that more than one person is usually involved. Consequently, record...
by Verasset | Mar 7, 2013 | Asset Reconciliation, Fixed Asset Depreciation, Fixed Asset Inventory, Latest News, Physical Inventory
Capitalized fixed assets are assets that meet or exceed a defined value threshold and are depreciated in value over their useful life. Asset depreciation is usually recorded each month. One common depreciation method is to calculate annual depreciation expense and...
