by Verasset | May 1, 2013 | Asset Reconciliation, Fixed Asset Inventory, Fixed Asset Reconciliation, Latest News, RFID, RFID Labels
Verasset has been awarded multiple projects that will keep our inventory service teams and consultants busy over the next 6 months. A few highlights include; Installation of over 100 fixed RFID readers throughout multiple facilities for Qatar University in Qatar, Doha...
by Verasset | Apr 18, 2013 | Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Fixed assets are items of personal (moveable) property with an estimated useful life of more than one year. Examples of fixed assets include furniture, fixtures, equipment, computers, vehicles, and similar items of personal property. A fixed asset does not lose its...
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...
