SERVICES

CORE SERVICES

Asset Management Systems

In large organisations, the identification  and location of fixed assets requires high level attention. Compliance to the legal requirements of SARS is non-negotiable.  Most companies experience difficulty keeping track of fixed assets, maintaining controls and preventing misappropriations but OnIT-1 reduces this to a seamless function.  Fixed Asset Registers (FARs) are used to calculate the depreciation value of assets for tax and insurance purposes. FARs are meant to provide accurate, complete, and customized reports that match the needs of management.   FARs can also be used to keep track of fixed assets that are not under direct ownership of the company, such as leased assets.

Asset Management Systems