FIXED ASSETS MANAGEMENT
Efficient Asset Management
Fixed assets are long-term investments crucial for a company’s operations and revenue generation. Proper management ensures these assets are utilized efficiently, maintained appropriately, and accounted for accurately.
At Nexacore, we offer comprehensive Fixed Asset Management services tailored to meet the unique needs of businesses in the UAE.
Our Fixed Asset Management Services
Maintenance of Fixed Asset Register
We maintain a comprehensive record of all assets for easy tracking and accurate data.
Review and Reconciliation
We review your asset data for accuracy and compliance with UAE standards.
Staff Training on Asset Procurement
We train your team on effective asset acquisition and management practices.
Supervision of Asset Accounting
We provide asset tagging services to enhance tracking and security.
Accounting for Revalued Assets
We update asset values and ensure accurate depreciation calculations.
Capital Work-in-Progress Management
We manage CWIP to ensure proper classification and timely capitalization.
Asset Tagging
We tag your assets for improved tracking and security.
Physical Verification
We perform audits to confirm asset existence and condition.
How We Deliver Value
At Nexacore, our focus goes beyond compliance. We turn asset management into a strategic advantage for your business:
Minimize Waste – Identify underutilized or idle assets to maximize your ROI.
Enhance Transparency – Clear records and accurate data for confident decisions.
Reduce Costs – Prevent unnecessary purchases and streamline asset lifecycles.
Future-Proof Your Business – Build a foundation for growth with scalable asset management solutions.
Let Nexacore help you unlock the full potential of your fixed assets.
Benefits of Our Fixed Asset Management Services
Enhanced Accuracy: Ensure financial records reflect actual asset holdings.
Regulatory Compliance: Meet local and international accounting standards.
Improved Asset Utilization: Optimize the use and maintenance of assets.
Risk Mitigation: Reduce chances of asset misplacement or theft.
Informed Decision-Making: Access accurate data for strategic planning.
Industries We Serve
Our Fixed Asset Management services cater to a wide range of industries, including:
Construction & Real Estate – Manage high-value equipment and property portfolios with precision.
Corporate & Professional Services – Keep your office assets and IT infrastructure in check.
Manufacturing & Logistics – Track machinery, tools, and warehouses seamlessly.
Healthcare & Education – Manage facilities, lab equipment, and teaching assets with confidence.
Energy & Fuel Supply – Ensure accurate accounting for complex asset networks.
We customize our services to fit your unique asset structures and regulatory needs.
FAq'S
Fixed asset management involves tracking, managing, and accounting for a company’s long-term assets like equipment, machinery, and buildings. It ensures assets are used efficiently and remain compliant with local regulations.
Asset tagging uses barcodes or RFID to identify assets, improving tracking and reducing the risk of loss or theft.
CWIP (Capital Work-in-Progress) represents assets that are still under construction or development. Properly managing CWIP ensures accurate financial reporting and timely capitalization.
Yes! We handle revaluation processes, update records, and ensure your financial statements remain accurate and compliant.
Physical verification should be conducted annually or more frequently for high-value assets to maintain accurate records and support audit readiness.