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Gain a Holistic View of Your Key Assets with Asset Tagging & Fixed Asset Register (FAR)

Asset Tagging & Mapping

In asset-intensive businesses, particularly those that rely heavily on their assets to generate revenue, tracking physical items and equipment through the use of an asset tagging process is essential.
At RNC, we conduct asset tagging and analysis to help our clients improve asset management and obtain the complete picture of their physical assets, inventory, operations maintenance, and more.
Asset Tagging is the process of affixing tags or labels to assets to identify each one individually. These tags can be designed to track data from real-time location to maintenance history. These tags can be assigned to both fixed and moveable assets that are spread across multiple sites and warehouses. Asset Tagging enables businesses to achieve a holistic view of all their owned assets

To know more about our services, book an appointment with us.

    Our Asset Tagging Services

    RNC’s asset tagging & mapping services includes, but not limited to, the following:

    Keep track of the changing locations of your physical assets
    Implementation of time effectiveness optimisation and inventory control processes
    Perform simpler analysis and mapping for fixed assets
    Adhere to maintenance and repair schedules


    Fixed Asset Register (FAR) Preparation

    Fixed asset register contains the list of all the fixed assets a business owns. The purpose behind maintaining is to keep track of book value of assets and depreciation. It can be equally used to maintain identification of each asset which can serve the purpose at the time of fixed asset verification. An FAR typically contains details like its date of purchase, cost, purchase date, salvage value, depreciation rates, its specifications etc.

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    Our Services for Fixed Asset Register (FAR) Preparation

    Preparing and maintaining a fixed asset register assists in, but not limited to, the following:

    For Insurance Purpose

    Track and identify the asset

    Calculate Depreciation annually

    Assists in Conducting Audit of Assets and Asset Verification

    Helps in estimating the repairs and maintenance cost

    Assists in estimating the future capital investment in fixed assets

    Comply with statutory requirements

    Maintain Gross Book Value and Net Value of Assets

    To know more about our services, book an appointment with us.