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Basic
ASSET
Solutions

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Fixed Asset Tracking, Verification & Register Reconciliation

We implement fixed asset management systems that give businesses full visibility, control, and audit confidence over their physical assets. Basic Asset Solutions delivers end-to-end Fixed Asset Management (FAM) services. We turn physical assets into structured, auditable data.

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Why Fixed Asset Control Matters

Without accurate asset tracking, businesses operate with hidden risk—unknown asset locations, unreliable registers, audit exposure, and poor maintenance decisions. These issues quietly erode operational efficiency, financial accuracy, and compliance. Proper fixed asset control replaces uncertainty with visibility, ensures registers and depreciation are correct, and provides audit-ready records that management can rely on for sound operational and financial decisions.

Asset Visibility

Eliminates uncertainty by ensuring every fixed asset is accounted for and its location is always known.

Depreciation Accuracy

Prevents audit failures and compliance issues by ensuring depreciation is calculated and recorded correctly.

Operational & Financial Clarity

Avoids poor maintenance planning and misallocation by giving management reliable, up-to-date asset data.

Reconciled Fixed Asset Registers

Eliminates missing, duplicate, and ghost assets by reconciling physical assets with the Fixed Asset Register.

Audit-Ready Records

Prevents inaccurate asset reporting by maintaining documentation that meets audit and compliance standards.

Asset Loss & Duplication Control

Prevents asset loss, duplication, and incorrect depreciation through consistent tracking and verification.

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Our Fixed Asset Management Services

We provide structured, end-to-end fixed asset management services that give organisations full visibility, control, and audit confidence over their physical assets. From building and cleansing Fixed Asset Registers to physical verification, barcode tracking, and process design, our services ensure asset data is accurate, compliant, and operationally useful across finance, audit, and day-to-day operations.

Fixed Asset Register (FAR) Services

– Construction of company-specific Fixed Asset Registers
– FAR cleansing (removal of ghost assets and duplicates)
– Comparative FAR reconciliation (physical vs. book)

Consulting & Process Design

– Fixed asset process analysis
– Asset lifecycle and control improvements
– Alignment with accounting, audit, and operational requirements

Asset Verification & Audits

– Physical verification and stocktakes
– Asset condition assessment
– Audit-ready asset reports

Fixed Asset Tracking & Tagging

– Barcode asset tagging (1D / 2D)
– Asset serialization and identification
– Location-based asset tracking

Asset Cataloguing

– Asset descriptions, photographs, serials, locations, and status
– Centralised asset records aligned to accounting standards

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Our Experience

We work with asset-intensive organisations that need accuracy, accountability, and compliance. Typical clients include:

– Small and medium-sized businesses
– Corporates and group entities
– Manufacturing and industrial firms
– Logistics, warehousing, operations-heavy
– Finance, audit, and compliance-driven

If your business owns equipment, vehicles, IT hardware, furniture, machinery, or buildings, our services apply.

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Technology, Tools & Implementation Process

We provide and support the full asset tracking stack, covering both hardware and software needs. On the hardware side, we supply aluminium barcode asset tags, self-adhesive asset labels, barcode scanners, and label printers. For software, we offer Fixed Asset Management systems, asset tracking and reporting tools, and solutions designed specifically for small businesses. All technology is selected to support long-term usability, auditability, and operational simplicity.

STEP 1

Review & Tag

Review current asset data, processes, and registers, then apply barcode asset labels and serialize assets

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STEP 2

Verify & Reconcile

Physically confirm assets against the FAR and align physical assets with accounting records

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STEP 3

Deliver & Support

Provide a clean, accurate, audit-ready asset register with ongoing tracking, updates, and consulting

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Contact Us

If you need accurate asset records, audit confidence, and operational control, speak to us.

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