As organizations spread its area of operation, tracking & management of Fixed Assets is posing greater challenges. Osource’s Fixed Assets Management services deliver an updated and accurate register of fixed assets, all classified to necessary reporting standards.

Osource’s approach includes a complete physical inspection of the facility in order to reconcile assets to the fixed asset register. All assets are tagged with bar codes to coincide with the fixed asset register, which ensures more accurate accounting activity. The approach adopted by Osource while rendering fixed assets management services includes –

• Assessment of FAR (Fixed Assets Register) & Accounting Records
• Project Planning & Effort Estimation
• Physical Verification & Tagging of Assets
• Reconciliation of Physical Verification Report & FAR
• Discussion of Discrepancies & Sign-off
• Updation of FAR