Asset Management Software

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Why need of Asset Tracking System:
For busy and complex organizations, attempting to track the location and status of their various assets can be time-consuming, costly, and unnecessarily complicated if done manually. 

Benefits:

Knowing how to audit fixed assets and routinely conducting those audits helps confirm:

• The physical existence of the asset
• Asset classification
• Location of the asset
• Date of asset purchase
• The original cost of the asset
• The proper labeling of the asset with its assigned asset barcode/ID number
• That the asset is in good working condition
• Quantities of each fixed asset
• Controls to prevent unauthorized access to fixed assets
• If revalued, details of revaluation
• Rate of depreciation
• Accumulated depreciation
• Depreciation for the current year
• Particulars about scrap or sale