Fixed Assets Accounting
Outsourcing of fixed assets records accounting represents a complete service which involves taking over the fixed assets records and inventory handling by us. The extent of outsource depends on the specific requirement of the client. The works involved are as follows:
The works involved are as follows:
Processing of requests (inserting, deleting, transferring, technical appreciation) within defined reaction time
Remote customer’s access to the data in 24/7-Mode
Continuous marking of fixed assets with bar code labels
Advice on maintaining records of capital work in progress and periodical capitalization
Assist in physical verification of fixed assets.
Generation of statutory records
Depreciation calculation