What is Fixed Asset Management?

Fixed Asset Management is the process of tracking, maintaining, verifying, and valuing a company’s physical assets such as:

• Machinery & Equipment
• Vehicles
• IT Hardware
• Furniture & Fixtures
• Buildings & Infrastructure

FAM ensures these assets are accurately recorded, depreciated, utilized, and disposed of while staying compliant with accounting and regulatory standards.

Why Is It Critical?

The problem:

• Ghost assets on books inflating net worth
• Misplaced or stolen equipment without detection
• Incorrect depreciation affecting tax planning
• No visibility on asset lifecycle, usage, or return on investment

The impact of mismanagement:

• Losses running into lakhs or crores
• Audit qualifications and compliance risks
• Poor decision-making due to wrong asset data

How We Help: RSC’s Fixed Asset Management Approach

We go beyond just physical verification. Our FAM services cover:

• Asset Tagging & Barcoding: Each asset is uniquely tagged (QR/RFID/barcode) and digitally mapped to its exact location and department.
• Physical Verification: A detailed pan-India or global on-site audit to reconcile assets physically vs books, noting missing, non-usable, or relocated items.
• Asset Register Clean-Up: We update and streamline your Fixed Asset Register (FAR), removing ghost entries, updating IDs, tagging missing locations, and linking to depreciation schedules.
• Depreciation & Revaluation: We help align your depreciation as per accounting standards (Companies Act, IFRS, Ind AS), suggest revaluations if needed, and enable accurate provisioning.
• Lifecycle & Maintenance Tracking: From purchase to disposal – we track movement, usage, servicing, and obsolescence alerts to extend asset life and reduce operational costs.

Who Needs It Most?

• FMCG & Manufacturing: Assets scattered across warehouses, plants, and branches
• Retail Chains: Multiple stores, constant movement of POS, furniture, signage
• Hospitals & Pharma: Medical equipment, lab machinery
• NBFCs & Banks: Laptops, office infra, leased assets
• Government & Educational Institutions

Why Choose RSC?

• Audits Across India
• RFID/barcode integration with existing ERP or asset software
• Reports accepted by statutory auditors & Big 4 firms
• Data-driven insights for CFOs and audit teams
• Proven record with brands like Coke, Adani, ITC, and more

Let’s Fix Your Fixed Assets

Whether it’s a one-time asset reconciliation or ongoing fixed asset management support, RSC helps you uncover hidden value, plug inefficiencies, and meet compliance confidently.