Asset Inventory – An overview  

Introduction 

This component facilitates the fixed asset inventory verification process right from generation of Inventory sheets till the actual process of reconciliation for discrepancies arising out of the verification process. The component also provides the facility to record the inter location and inter cost transfer of fixed assets. 

Feature Highlights 

• Provision to generate, edit and view the inventory sheets for the assets to be verified.

• Facility to record the actual inventory results for each asset tag included in the inventory sheet.

• Facility to reconcile assets for the discrepancies found during the verification process

• Facility to modify the frequency in which assets are to be verified

• Facility to transfer assets from one location to another or from one cost center to another with the option for receipt confirmation for the transfer.

• Provision to confirm the receipt of the asset transfer from a different location or cost center also available

• Facility to print bar codes for an asset tag.

List of Activities