Tax Savings with Fixed Asset Inventory and Reconciliation

Tax Savings with Fixed Asset Inventory and Reconciliation

Whether you are looking for tax savings or concerned about regulatory compliance, you know that accurate records of fixed assets are key. Not only do you need a current inventory, you also need to reconcile actual assets to your financial records.

Techtrack is a recognized leader in IT asset tracking and reconciliation. In ten years, we have reconciled over 2 billion dollars in asset value, with an exceptional accuracy rate of 97%. Here are some numbers from a recent engagement:

  • inventoried and reconciled approximately 200,000 assets
  • assets in this engagement were valued at 1 billion dollars
  • we completed our work in less than 9 weeks
  • we stayed under budget.

Using our expertise and practical experience, we have built our RECONTM and Data HarvestTM services. Together these services offer a systematic, disciplined approach to physical inventory and reconciliation of fixed assets.

Key Features of Our Fixed Asset Inventory and Reconciliation Services

  • We use PMI (Project Management Institute) standards in managing all of our projects. Customers gain peace of mind, knowing that their projects will come in on-time and on-budget every time.
  • Our fees are based on a per asset basis and are fixed price so you can rely on our cost estimates.Even though each customer has a different set of books and varying qualities of asset data, our experience guides us.
  • We know what is involved and our approach doesn't change. This allows us to deliver consistent, timely and accurate results for our customers every time.

To find out how we can help your company solve the complex problems of asset inventory and reconciliation, contact one of our specialists.