What A Fixed Asset Register Is
Your asset register will be created as soon as you scan a QR code while using the right software. When you do this, you will see that you have created a register that can be filled with an abundance of information. This is primarily what this type of register is. Not only can you see that all of your fixed assets are in one place but you can also access a lot of info about them all. Being able to access everything is very convenient and why more businesses are using this type of software.
Creating An Asset Register
The more details you add about your assets the better. This is simply because you could need the details at a later date. All that you’ll need to do is to open the relevant online profile and check its contents. If you’ve added warranty information, for example, being able to find it in the profile when you need it is very satisfying. It can also save a lot of time.
Creating a fixed asset register could genuinely be one of the best things that you do for your business. You can stay organised, track your assets, and even create highly relevant data.
Do You Really Need To Track Your Fixed Assets?
When you make use of this type of asset register you can see
- Who has used each asset
- The date they were last repaired
- When they’re for maintenance
- How many times each asset has been used
- The insurance and warranty details
- Data reports that can be exported to PDF
Most fixed asset register software will offer you the opportunity to track your assets in a number of ways. Opt for software that allows you to track assets in multiple ways that may be advantageous for you.
Some Benefits Associated With Fixed Asset Tracking
- Computers, machinery, and everything else can be checked in and out
- You’ll spend less on maintenance thanks to the reminders you’ll set
- You’ll also spend less on maintenance as issue reporting is easy
- Exportable reports produce realistic data that could help your business
- You can gain access to your tracking software via many different devices
- Updating your records is easy with the bulk actions feature
- All of your assets can be organised into collections
- Tracking the location of your fixed assets in a large building can save a lot of time
These are just some of the benefits that are associated with using a fixed asset register. However, when you begin to use a register such as this you’ll discover there are many more.
Asset Tracking Made Simple
Tracking your assets has never been easier. When you use software that works well it can make a big difference. You can find those fixed assets in no time at all and you can even increase security. As everything is tracked, far fewer assets are likely to go missing or become damaged. What this means is you’ll save money and your assets will be safer all of the time. This is asset tracking made simple.
Wish to speak with an expert about using a fixed asset register? Contact us today at team@itemit.com.
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