Accurate fixed asset registers underpin correct depreciation, insurance claims, and balance sheet integrity — yet many businesses rely on incomplete spreadsheets. PJRJ creates, verifies, and maintains fixed asset registers by reconciling purchases, disposals, transfers, and physical verification 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
- 1Obtain asset lists, invoices, and depreciation policy from finance
- 2Conduct physical verification at agreed sites with asset owners
- 3Investigate variances — unrecorded disposals, capitalised repairs, wrong categories
- 4Rebuild register in agreed format with useful life and rate documentation
- 5Hand over with SOP for additions, disposals, and annual roll-forward
Fixed asset messes create audit qualifications and insurance disputes. We fix registers once properly — not patch them year after year.
Fixed asset verification is performed on-site across Delhi NCR plants and offices and at client locations nationwide.
Discuss your fixed asset register requirements
Speak directly with a PJRJ specialist — we respond within one business day.