by Verasset | Dec 9, 2013 | Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Register, Latest News, Physical Inventory
One important means towards maximizing your investment in performing a fixed asset physical inventory is to include expensed items, in addition to capitalized fixed assets, in the counting process. We recommend that the focus is applied toward expensed items with...
by Verasset | Nov 7, 2013 | Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Latest News, Physical Inventory
Conducting physical inventory is a difficult task. Counting fixed assets and capital equipment without halting business operations complicates an already difficult activity. Reconciling physical items to logical records can seem like an impossible effort. These...
by Verasset | Nov 6, 2013 | Asset Reconciliation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Most organizations face significant challenges related to tracking the location, quantity, condition, maintenance and the depreciation status of their fixed assets. Typically fixed assets are recorded and maintained in either a spreadsheet or a fixed asset register...
by Verasset | Oct 25, 2013 | Fixed Asset Inventory, Fixed Asset Management, Latest News, Physical Inventory
1. Not Utilizing Technology Performing a physical inventory manually is prone to error and inefficient. Using advanced data capture (ADC) technologies such as bar coding and RFID reduce errors and significantly speed up the process. Mobile data capture tools are...
by Verasset | Oct 23, 2013 | Asset Life Cycle, Asset Reconciliation, Asset Reconciliation Verification, Fixed Asset Depreciation, Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory, Sarbanes-Oxley Act
Tracking and managing assets is an important and usually daunting task for an organization, regardless of size. Fixed assets can be defined as property that a firm owns and uses in the production of its income. Examples of fixed assets include, but are not limited to,...
by Verasset | Oct 15, 2013 | Fixed Asset Inventory, Fixed Asset Management, Fixed Asset Reconciliation, Fixed Asset Register, Latest News, Physical Inventory
Verasset provides a specialized value offering that extends beyond simply counting items. We specialize in tracking and managing fixed assets, with a focus on enabling clients to become self-reliant without having to rely on the assistance of external professionals....
