Fixed Asset Management

Fixed asset management is an accounting process that seeks to track fixed assets for the purpose of financial accounting, preventative maintenance, and a theft deterrent.

Many organizations face a significant challenge to track the location, quantity, condition, maintenance and depreciation status of their fixed assets. A popular approach to tracking fixed assets utilizes serial numbered fixed asset labels, often with barcodes for easy and accurate reading. Periodically, the owner of the assets can take inventory with a mobile barcode reader and then produce a report.

Fixed Asset Tracking Software

fixed assetsTracking assets is an important concern of every company, regardless of size. Fixed assets are defined as any 'permanent' object that a business uses internally including but not limited to computers, tools, software, or office equipment.

While employees may utilise a specific tool or tools, the asset ultimately belongs to the company and must be returned. And therefore without an accurate method of keeping track of these assets, it would be very easy for a company to lose control of them.

Asset tracking software allows companies to track what assets it owns, where each is located, who has it when it was checked out when it is due for return when it is scheduled for maintenance and the cost and depreciation of each asset.

Dantech Ltd is an acknowledged supplier for more than 15 years to both industry, government departments and the educational and health sector of security marking products, asset labels and security labels.

With a high reputation built over the years on customer satisfaction, Dantech can provide help and advice with your marking requirements contact Dantech on 01354 688 488 for free and unbiased help and advice.

Published on Tuesday 10th April 2018

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