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Assets numbering

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(Querist)
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
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
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
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Anil

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Anil (Querist)
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.
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CA Dilip

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CA Dilip (Expert)
02 April 2008 eg
if Furniture and Fitting located at HO purchased in 2007-08
ABC Company - (Only if required)

Format:

FF/ABC/HO/07-08/5000
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