Fixed Assets Management System

Abstract

Every company owns a fixed asset that is used in its business operations. To maintain a complete, accurate, and up-to-date fixed asset can be a challenge if tracking the asset without an automated process. DELL TECH, a IT based Automation Company owns fixed assets such as furniture, software, building, vehicles, office equipment, etc. which the data are stored in an excel spreadsheet. The increasing number of fixed assets lies difficulties for the staff to be able to accurately track, calculate actual depreciation and manage the assets. This paper intends to develop a fixed assets management system to computerize the manual form of DELL TECH fixed assets. “This Systems” will help the company manage their assets, maintain a more detailed asset records, automate depreciation, as well as maintain the conditions of the assets through daily maintenance. The automation of the Fixed Assets Management will not only improve the efficiency but will also reduce human stress thereby indirectly improving human recourses.