VAAR Corporate Solutions Private Limited, established on January 30, 2006, is a Delhi-based company specializing in financial services. The company offers comprehensive fixed asset management solutions, including the creation of fixed asset registers, physical verification, capitalization, valuation, barcode tagging, asset classification, disposal accounting, and the preparation of fixed asset schedules for statutory purposes. Additionally, VAAR provides services such as database maintenance, leased asset tracking, and the implementation of internal controls over the lifecycle of fixed assets.
Key Features and Functionality:
- Fixed Asset Register Creation: Compiling detailed records from various organizational sources.
- Physical Verification: Conducting thorough checks to ensure asset accuracy.
- Capitalization and Valuation: Assessing and recording asset values appropriately.
- Barcode Tagging: Implementing systematic labeling for efficient tracking.
- Asset Classification and Disposal Accounting: Organizing assets and managing their end-of-life processes.
- Database Maintenance: Keeping asset information current and reliable.
- Leased Asset Tracking: Monitoring assets under lease agreements.
- Internal Control Implementation: Establishing procedures to oversee asset lifecycles effectively.
Primary Value and User Solutions:
VAAR Corporate Solutions addresses the complexities of fixed asset management by offering end-to-end services that ensure accurate asset tracking, compliance with statutory requirements, and efficient lifecycle management. By leveraging VAAR's expertise, organizations can enhance operational efficiency, maintain precise financial records, and implement robust internal controls over their fixed assets.