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Product Details:
Software Type | Cloud-based |
Training | Training Document |
Database | SQL |
Country of Origin | Made in India |
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