In today's fast-paced corporate environment, keeping competitive and efficient is critical. Fixed asset management is one area that is sometimes ignored yet has the ability to have a substantial influence...
In today's dynamic business environment, it's crucial to ensure that your financial reporting aligns with both the Companies Act and the Income Tax Act. Our dedicated team of professionals is...
Software licenses are an essential aspect of software asset management. Managing licenses effectively can help organizations avoid legal and financial risks while optimizing their software investments. In this blog, we...
Fixed asset tagging is an essential component of effective fixed asset management. Tagging allows organizations to track and monitor their assets, making it easier to locate and manage them. However,...
When it comes to managing fixed assets, providing a proper naming standard can go a long way in ensuring efficient and accurate asset tracking. A good naming convention helps to...
Depreciation grouping is an essential part of fixed assets management. It involves grouping assets together based on their characteristics, such as useful life and depreciation method, to calculate the depreciation...
Ghost assets are fixed assets that are recorded in an organization's fixed asset register but do not physically exist. These assets are often the result of poor fixed asset management...
Fixed assets data audit is an important process that helps organizations to ensure the accuracy and completeness of their fixed asset data. The audit involves examining the fixed asset register,...
Fixed assets physical verification, also known as asset counting or asset verification, is a crucial process that ensures the accuracy and completeness of an organization's fixed asset register. This process...
Fixed assets, such as buildings, machinery, and vehicles, are essential to the operations of many businesses. Managing these assets effectively is crucial to ensure that they provide the expected returns...
