Fixed Assets Register: How to Prepare FAR? The Complete Guide

Unlock Your Business Growth Potential with Us!

Get Expert Help with Finance, Taxes, IT, HR and More

Share on:


Key Highlights

1. Finac’s Fixed Assets Register (FAR) provides a detailed log of the organization’s fixed assets, ensuring a systematic approach to tracking and managing them. 

2. It helps avoid unnecessary purchases by maximizing the use of existing assets and promoting cost efficiency within the organization. 

3. Finac’s Fixed Assets Register supports legal compliance by maintaining essential records and helping organizations meet regulatory requirements and standards. 

4. The register simplifies the audit process by keeping track of key asset details, facilitating smoother auditing, and ensuring accountability. 


Overview of the Finac Fixed Assets Register (FAR) Module 

Finac Fixed Assets Register is an essential module for business owners managing a diverse range of assets, including machinery, vehicles, current stock, and cash, vital for producing goods and services. It ensures meticulous documentation of critical details like purchase information, depreciation rates, maintenance costs, and servicing dates, preventing potential losses due to inadequate asset tracking. 

Leave a Reply


Happy Customers


Team Members


Offices in India & World Wide

We provide the best solution for your all Business Financial Accounting, Advisory, Analysis, Payroll, Taxation needs.

We respect your privacy, our privacy policy

HAVE A QUESTION? - Fill free to reach us by filling the form bellow

%d bloggers like this: