Every business needs to keep an inventory of its assets. The inventory is useful to determine the value of your physical assets, to provide a list for insurance purposes, and to calculate depreciation. If your business has valuable equipment, such as computers, you will want to keep track of that investment so items do not go missing. There are many styles of asset tags, but the highest-quality tags are aluminum labels with strong adhesive on the back. They are customizable, so consider getting tags with the company name, the asset number and a bar code.
Apply the asset tag to the piece of equipment in a clean, flat location. Avoid textured surfaces. Press the tag firmly around all edges to ensure the adhesive gets the most contact. Log the information in your spreadsheet or paper.
Peel the asset tag from the backing. Choose a location that will be easy to find and read later but not so as to invite tampering or defacement. In addition, choosing an out-of-the-way location will keep furniture or computers looking neat.
Prepare your spreadsheet program by making the first column a sequence of numbers corresponding to your asset tag number range. Create other columns for locations such as room numbers, asset description, serial numbers or other data you wish to track. Of course, you can do this step manually on paper and then enter the information into a computer spreadsheet later.
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