Fixed Asset Management Services

Services » Fixed Asset Management Services

Fixed Asset Management Services
When businesses grow and evolve, given the dynamic nature of businesses irrespective of the industry, it is very crucial to track and manage fixed assets. When fixed assets are managed properly, they can yield better returns. However, this requires proper planning, skills, and active management to make sure you have a track of all your fixed assets. Fixed asset management can get more complex when your business grows consistently. This is when working with a fixed asset management service providing company can help ease the burden for you.

Fixed asset management operations like monitoring the procedures and controls, calculation of depreciation for the fixed assets, and making required reviews and updates require specialized knowledge and skills.

You can benefit from all these specialized operations when you outsource fixed asset management services to a reliable company like YugCorp. We work with a team of fixed asset managers and other accounting professionals to provide you with complete fixed asset management solutions.

Fixed Asset Management Services We Offer

YugCorp offers a range of fixed asset management services that can help you track and maintain your fixed assets with complete professional assistance from experts. With our fixed asset management services, you can get acquainted with best business practices that improve your ROI and lead to significant cost savings while you focus on your core competencies, leaving the rest to us. Following are the fixed management services that we offer -

Asset Audit


Asset auditing allows you to understand your fixed assets better. With the right fixed asset auditing team in place, we help you in effectively managing your fixed assets while recommending approaches that help in cleansing and strengthening your assets. Auditing is aimed at analyzing the fixed assets and reviewing them to eliminate the risk of non-compliance with financial policies and regulations.

Asset Verification and Tagging


Our team makes a physical check to assess your fixed assets and tag them using RFID and barcodes for asset tracking. While tagging your fixed assets, we ensure that the tags used to comply with the regulations about asset tagging as per various authorities depending on your industry type and location.



Asset Tracking


Asset tracking is the process of identifying the real-time location of the fixed assets. This is one of the crucial operations that are a part of the fixed management process. We help our clients in tracking their fixed assets using the latest systems so that the assets can be organized properly. There are a variety of ways in which asset tracking can be done. Some of the asset tracking solutions we offer are barcode and RFID among others.

Comprehensive Asset Management Systems


We fulfill our comprehensive fixed asset management services with the help of systems and software like QuickBooks that helps in efficiently tracking and managing fixed assets as well as inventories. While fixed assets are object possessions, inventories are generally raw materials and consumables, which is why fixed assets and inventories are managed separately.

Inventory Management


Efficient inventory management is very important if you want to hit your profit targets. When it comes to inventory, decisions have to make on-time to ensure that they don't spoil and, as a result, lead to a loss. We help in managing inventory by creating balance sheets enlisting inventories, their value, and how long they can be retained. This can help you sell or use the inventory for production well before they are damaged, spoiled, or become obsolete as you keep them stored for too long.

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