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Fixed Asset Management Solutions for Manufacturers

September 23, 2011

General Financial Fixed Asset Management Solutions offers services that enable manufacturers and distributors to accurately track their fixed assets for tax and financial reporting. Our experience has shown that for many reasons, including insufficient time and resources, fixed assets are often misidentified or misclassified and sometimes remain on a company’s books when they no longer exist. General Financial Fixed Asset Management Solutions’ customized fixed asset inventory and reconciliation process provides an accurate accounting, verification and classification of capitalized assets. Our fixed asset specialists track, reconcile and provide the information required to correct the cost and tax value as well as classifications of all fixed assets, whether they were purchased or the result of an acquisition. The “lynchpin” for making all of this work is the performance of a current fixed asset inventory.

Upon completion of the project, your company will not only have accurate fixed asset records but also a path-forward process for tracking and maintaining your fixed asset data, which can be controlled by your staff. Additionally, our firm can use the updated, verified fixed asset records to reconcile to and help prepare your company’s personal property tax returns.

Our inventory, accounting, and tax specialists offer over 15 years of experience working for companies throughout the United States and fourteen countries. We would appreciate the opportunity to discuss how our fixed asset management solutions can save your company both time and money. For more information about our fixed asset management solutions, please visit our website at www.genfitax.com or contact your local business development executive at 1-800-733-5252 ext. 7022.

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