Mynd recognizes Capitalization & Fixed Asset Management as a disciplined project solution that is prioritized for maximum impact with a clear Return on Investment (ROI) for our client. We have inventoried & capitalized fixed assets ranging from those owned by a small scale unit to multi-billion dollar organizations with numerous businesses and sites spread across varied geographical regions.

Activities carried out under fixed asset management are as mentioned under:

  • Preparation and maintenance of fixed asset register.
  • Running depreciation calculations as per statutory laws and US GAAP.
  • Monthly capitalization and inventory reconciliation.
  • Physical verification and tagging of Assets.

Under capitalization primary activities carried out are:

  • Creation of location Ids in sync with client
  • CWIP (Capital work-in-progress) analysis to initiate capitalization process
  • Provisional Capitalization (in cases where information is not available)
  • Capitalization process for a particular month would be completed on a pre-decided date in subsequent month
  • Inter circle asset transfer activity based on receipt of information