Assets numbering

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Anil (Querist)
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31 March 2008 Can anyone please let me know what naming conventions are normally followed by big organizations / MNCs while numbering the Fixed Assets?

Kindly explain with an example.

Thanks

CA Shailesh +91 9393926464

CA Shailesh +91 9393926464 (Expert)
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31 March 2008 If iam not wrong, the answer to ur query is:

It depends on organisation to organization.

They may follow hierarchical model, departmental model,etc.,

Hierarchical model:
1) For manager's computer: - ManCom1
2) For Supervisor's computer: - SuperCom1

Anil

Anil (Querist)
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31 March 2008 In professionally managed companies the asset numbering will be something like this (It will have many letters separated by slashs) something like this:

LKYTT/SKOR/ETOS/JPY/FA102

They definitely follow some convention and am keen to know how it is done. I think it is not as simple as you have mentioned.

I request other learned members to kindly let me know their views.