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Fixed Asset Management - List of Manufacturers, Suppliers, Companies and Products

Fixed Asset Management Product List

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Fixed asset management using RFID for PCs and other equipment.

Inventory of PCs and other items made faster and easier!

When applying to a PC, a metal-compatible type is optimal. Additionally, the size and placement should be such that they do not interfere with regular operations. We have prepared tags that provide optimal reading performance for each specific placement.

  • RFID related products and IC tag services

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Thailand | Fixed Assets Management in Thailand F/A

In Thailand, the amount that needs to be recorded as fixed assets is low, so the management of fixed assets tends to become complicated, including calculations for depreciation and setting of residual values.

Under Thailand's accounting standards, there are no specific regulations regarding the amount to be recorded for fixed assets, but it is stipulated that assets intended for use over multiple years should be recorded as fixed assets. Besides the intended usage period, the amount recorded as fixed assets will be determined independently by each company; however, it is common for many companies to classify assets with a value of 1,000 to 3,000 baht or more as fixed assets. In Thailand, the depreciation of these fixed assets is determined by the regulations of the Revenue Department (RD) using the straight-line method, calculating depreciation on a daily basis based on the useful life set for each category of fixed assets. As a result, the depreciation amount will vary from month to month. For example, depreciation for January is calculated for 31 days, for February for 28 days, and for March for 31 days. Additionally, all fixed assets must generally have a residual value set at 1 baht, so unless intentionally disposed of, the number of fixed assets will significantly increase. The disposal of fixed assets also requires following prescribed procedures in the presence of an accountant. In general accounting practice in Thailand, it is common to only perform tax accounting depreciation. Fixed Assets / FA

  • ERP Package
  • Accounting and Finance
  • Sales Management

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