asset register

asset register

a LEDGER record which notes the HISTORIC COST of each physical asset owned by a business, any DEPRECIATION charged on that asset to date and its NET BOOK VALUE. Such information is summarized periodically in the FIXED ASSETS section of the BALANCE SHEET.
References in periodicals archive ?
In this regard letters have been issued to all concerned wherein it has been reminded that format of Fixed Asset Register is provided in the Accounting Policy and Procedure Manual issued under New Accounting Model approved by the President in 2000, said a statement issued here on Wednesday.
Unfortunately, many buildings in the GCC are currently managed without the owner or operator having a detailed asset register.
Over a period of 12 months, XPD8 will develop the work management system, which includes asset register, maintenance programme and population and analysis of spares' data for a major operator on the UK Continental Shelf.
The key features of its computerised maintenance management solution includes: central asset register, simple helpdesk fault logging, planned maintenance, reactive maintenance, contract maintenance, stock control, purchasing, graphical dashboard, comprehensive reporting, local installation or hosted option (SAAS)
When Aochamub was appointed DG, there was no asset register, no audited financial statements dating back three years, and the parastatal had no clue on how it was going to pay the Receiver of Revenue the hundreds of millions of dollars that it owed in the form of VAT and PAYF.
The services include will writing, access to a professional services directory, car hire excess insurance waiver, 'insider' discount shopping club, a living probate asset register and free access to over 600 airport executive lounges around the world.
All the equipment bought with the Defra funding will be added to the National Asset Register of flood rescue resources that emergency services across the country can call upon in the event of a major flood.
The team is also looking to introduce asset register and problem management and plans to roll out a comprehensive support service to all 56 schools in the borough.
Surprisingly, the Asset Register doesn't list the value of hundreds of schools, colleges and hospitals that the Central government runs all over India.
Software company Wax Digital today announced the release of its Web3 Asset Management solution, based on its enterprise asset management solution, designed to offer control of an organisation's fixed asset register.
This new system automates and centralises a fixed asset register that was historically stored on separate spreadsheets with no means of automated reconciliation.