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What is an Asset Register?<br> An asset register stores vital information about a company’s assets. <br> It records all types of tangible and intangible assets. <br> An asset register also records movable and immovable assets. <br> It helps industrial owners in short term and long term planning.<br>Asset registers record general asset information which includes<br> Product description <br> Date of purchase<br> Cost of product<br> Product installation charges<br> Estimated lifetime<br> Warranty coverage<br> Resale value<br> Periodic maintenance cost <br>They record tangible assets such as <br> Land<br> Building<br> Industrial machinery<br> Vehicles<br> Furniture<br>They record intangible assets which include<br> Software licenses <br> License agreements<br> Brand names<br> Patents <br> Copyrights <br>Benefits of Maintaining an Asset Register <br> An asset register helps business insure claims.<br> It helps them pay taxes on time.<br> It helps them perform scheduled maintenance operations. <br> Clients can use asset registers as a mortgage in applying for bank loans.<br> It also helps them gauge the resale value of their assets easily. <br> Maintaining an asset register helps prevent fraud.<br> It eases the auditing procedure.<br> It helps them keep a check on their assets and prevents loss. <br> It also helps them organize their assets accordingly. <br>Visit yellowpages-uae.com to contact Asset Register Services in UAE i.e. at http://www.yellowpages-uae.com/uae/asset-register
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What is an Asset Register? • An asset register stores vital information about a company’s assets. • It records all types of tangible and intangible assets. • An asset register also records movable and immovable assets. • It helps industrial owners in short term and long term planning.
An Asset registers record general asset information which includes: • Product description • Date of purchase • Cost of product • Product installation charges • Estimated lifetime • Warranty coverage • Resale value • Periodic maintenance cost
Visit yellowpages-uae.com to get in touch with Asset Register Services in UAE