Stock And Fixed Asset Verification

Having comprehensive and up to date asset information is paramount to the Success of any asset intensive organization. Being able to answer the following 9 questions will form the basis of your success.

Essential questions will form the basis of that success:-

  1. What do I own?
  2. What condition are my assets in? 3. What are my assets worth?
  3. Where are my assets located?
  4. Whose using my assets?
  5. Are my assets being used correctly?
  6. What is my remaining asset life?
  7. What are my ongoing maintenance costs?
  8. What are my future asset needs?

Our scope of service can encompass the following:

  • Physically verify all fixed assets within the client environment, linking each asset to its user definable; category code, location, department, cost centre, responsible person, supplier, manufacturer etc.
  • Database formatting
  • Matching financial values to the general ledger
  • Compile asset management policy & procedure manual
  • Conduct physical presence verification of all assets across all sites by scanning all locations and asset labels (stock takes)
  • Produce exception report (for all sites)
  • Verify Assets in different location
  • Facilitate Financial Year end run Stock/ Fixed Asset Verification