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 ASSET REGISTERS Although most companies have some form of asset register it is often difficult to relate this to physical assets. Asset disposals and transfers are often poorly monitored resulting in considerable inaccuracies over a period of time. Hickman-Shearer has many years of experience working with assets and are able to create registers that make asset identification far easier. Additional data can be recorded in specific fields to enable the data to be sorted and grouped in different ways. |
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| CAPITALISATION Careful analysis of capital expenditure can ensure that items entered onto the asset register are as accurate as possible. Expenditure on large projects can be apportioned to individual assets with each having the correct share of installation and design costs. Reconciliation It is often necessary to relate two asset databases. For example a company adopting a new asset register may require a reconciliation to the existing one. We have developed a bespoke software system that enables us to group all partial acquisition and upgrade costs under a single asset, or apportion a compounded cost to individual assets. |
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ASSET
TAGGING The best way of ensuring clear identification of assets is the use of an asset identification tag. There are numerous different types of tag available many incorporating a bar code. Hickman-Shearer can offer advice on the most suitable form of tag and carry out the tagging operation in a consistent and efficient way. |
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