Fixed Asset Management
Fixed Asset Management
Mensk provides the following key services in relation to Management of Fixed Assets of the client:
- Maintenance of Fixed Assets Register along with classification of assets into different Category/Location/Department/User/Cost Center.
- Auto / Manual generation of Asset ID & pasting of perforated barcode tags on the assets.
- Fixed Assets Schedule as per Companies Act and Income Tax Act.
- Different Accounting years for books
- Allow different methods of depreciation viz. SLM, WDV, Expiry of life of the asset.
- Valuation report for Insurance etc.
- Useful reports for Management in relation of company's assets.
- Reminder for AMC, Warranty and Insurance expiry.
- Auto calculation of gain/loss.
- Periodic Physical verification through hand held scanners.