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Business Advisory service

Fixed Asset Tagging & Register

Fixed asset tagging, physical verification, and register maintenance — critical for accurate depreciation, insurance coverage, and balance sheet integrity.

Fixed asset tagging and an accurate fixed asset register underpin correct depreciation, insurance claims, and balance sheet integrity — yet many businesses rely on incomplete spreadsheets. PJRJ tags assets, physically verifies them, and creates or rebuilds fixed asset registers by reconciling purchases, disposals, transfers, and locations with your books and ERP.

Who it's for

  • Manufacturing companies with large plant, machinery, and vehicle fleets
  • Businesses undergoing statutory audit with recurring FA qualification issues
  • Companies implementing new ERP systems requiring opening FA migration
  • Organisations preparing for insurance renewal or asset-backed lending

Deliverables

  • Physical verification of assets with tagging and location mapping
  • Reconciliation of FA register with GL, invoices, and capex approvals
  • Depreciation schedule aligned to Companies Act and Income-tax Act, 2025 requirements
  • Identification of fully depreciated, missing, or idle assets
  • Ongoing register maintenance procedures and periodic verification plan

Our approach

  1. 1Obtain asset lists, invoices, and depreciation policy from finance
  2. 2Conduct physical verification and tagging at agreed sites with asset owners
  3. 3Investigate variances — unrecorded disposals, capitalised repairs, wrong categories
  4. 4Rebuild register in agreed format with useful life and rate documentation
  5. 5Hand over with SOP for additions, disposals, and annual roll-forward

Fixed asset messes create audit qualifications and insurance disputes. We fix tagging and registers once properly — not patch them year after year.

Fixed asset tagging and verification is performed on-site across Delhi NCR plants and offices and at client locations nationwide.

Discuss your fixed asset tagging & register requirements

Speak directly with a PJRJ specialist — we respond within one business day.

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