Fixed Asset Management and Physical Inventory Services
With a combined eleven years of selling, implementing, consulting, training and working with large amounts of fixed assets, we always raise the question to our Clients... have you ever conducted a physical inventory of your fixed assets? They always reply with a simple, yet embarrassed, "no".
No matter where we are and how many Businesses or Organizations we ask, the answers are always the same:
- We don't even know where to begin.
- We decided to put it on hold because we don't have the time or internal resources right now.
- Getting our depreciation under control is priority.
- We have always wanted to conduct our fixed asset inventory, but it's always so expensive!
Paragon Systems [a division of Paragon International, Inc.] has been offering fixed asset management services for years across all states and industries with many flavors of fixed asset requirements. We understand that trying to implement a full physical fixed asset inventory project on your own can be a big burden and quite over whelming.
At Paragon Systems we provide many options for your company to choose from, starting with an ala carte options all the way to a full-circle. We understand that all you may need is a step in the right direction, or someone to assist you with the bear of a physical inventory; reconciliation. Or perhaps, you just need a company to take the bull by the horns and get the job done.
Fixed Asset Management Services
- Fixed Asset Consulting: consult with you on various fixed asset management needs and requirements -- internal departmental workflow, policies & procedures, internal fixed asset management control, physical inventory road map, etc.
- Project Management: work together with either your internal team or our team to schedule, track and coordinate all aspects of your physical inventory audit; including (but not limited to) spot checks with the counter/tagging team.
- Fixed Asset Tagging, Counting and Field ID Validation: search and retrieval of all fixed assets, labeling, identifying all necessary descriptive information for your fixed assets. Data gathered can be utilized for an automated fixed asset management solution.
- Fixed Asset Data Reconciliation: perform book to floor, floor to book validation along with documentation research and other various methodologies.
- Cost Segregation and Tax Engineering Services: utilizing engineering-based technology to maximize federal tax depreciation while minimizing property taxes and sales taxes on new construction projects.
- Appraisal and Valuation Services: offering expertise in planning and executing specific programs including corporate acquisitions, property tax reduction programs, fixed asset management activities, maximization of federal tax benefits through Section 1245/1250 cost segregation, and allocation of purchase price for recently completed transactions.
- Sage FAS Fixed Asset Software Services: data conversions; customized onsite training and consulting; fixed asset data entry services.
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