Fixed Assets requires high attention from the management and top management, it affects on the organizations revenue and reputation, Fixed asset goes through several phases, starting at
Phase (1) Current status including policies and procedures, capitalization policies...etc,
Phase (2) define the areas which needs attention by the consultancy services we provide,
Phase (3) find suitable solution depending on the analysis we conduct,
Phase (4) implementation of the solution
Phase (5) Physical tagging and tracking all of the historical assetsThose are the main five phases every project of fixed assets goes through, Assets go through all the financial circle of the organization and affects all of the modules, here is a case study we have made based on client of government of Abu Dhabi, outstanding different type of assets in different locations and remote areas.
full article will be released soon