{"id":3490,"date":"2021-03-09T15:37:43","date_gmt":"2021-03-09T20:37:43","guid":{"rendered":"https:\/\/php81.anepsa.com.mx\/?p=3490"},"modified":"2023-11-13T18:52:43","modified_gmt":"2023-11-13T23:52:43","slug":"conciliacion-activos-fijos","status":"publish","type":"post","link":"https:\/\/php81.anepsa.com.mx\/en\/fixed-asset-reconciliation\/","title":{"rendered":"What is a Fixed Asset Reconciliation?"},"content":{"rendered":"<div class=\"inmob\"><div class=\"tinmob\"><h1>What is the Reconciliation and Audit of Fixed Assets?<\/h1>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-vivid-cyan-blue-color has-css-opacity has-vivid-cyan-blue-background-color has-background\"\/>\n\n\n\n<div class=\"autor\">\n<img decoding=\"async\" class=\"img-autor\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/Francisco3.jpeg\" alt=\"Name Author\" width=\"70px\" height=\"70px\" title=\"\"> \n<div class=\"datos\">\n<strong>Francisco Xavier Garcia Nava<\/strong>    \n<p>Mechanical Engineer \/ Appraiser <\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/03\/que\u0301-es-una-conciliacio\u0301n-de-activos-fijos.webp\" alt=\"\" class=\"wp-image-3541\" style=\"width:542px;height:407px\" title=\"\"><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:41px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-704e782a wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>content structure<\/h2><nav><ul><li class=\"\"><a href=\"#por-que-es-importante-la-conciliacion-de-activos-fijos\">Why is fixed asset reconciliation important?<\/a><\/li><li class=\"\"><a href=\"#que-beneficios-tiene-la-conciliacion-de-activos-fijos\">What are the benefits of reconciling fixed assets?<\/a><\/li><li class=\"\"><a href=\"#como-se-hace-la-conciliacion-de-activos-fijos\">How is the reconciliation of fixed assets done?<\/a><\/li><li class=\"\"><a href=\"#que-es-la-verificacion-fisica-de-activos-y-registros\">What is physical verification of assets and records?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p class=\"blogb\">For companies it is important that they have a proper control of fixed assets and that it is carried out constantly, approximately once a year, however, there are times when problems must be identified within the inventory that is carried out, it is in This is the point where the reconciliation of assets enters to verify that there is good control. <\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-704e782a wp-block-group-is-layout-constrained\"><div class=\"wp-block-group__inner-container\">\n<p class=\"blogb\">This reconciliation activity, taken into practice by many organizations in recent years, certifies and verifies assets and goods and matches the results obtained from the physical inventory against accounting information or detailed operational valuation, detecting inconsistencies and making the required adjustments to reflect a controlled and precise situation.<\/p>\n\n\n\n<p class=\"blogb\"><strong>The objective of the reconciliation of fixed assets is to purify the accounting base and keep the records and values within it updated.<\/strong>, this is useful to reflect the reality of fixed assets within the company, improve its operations and make decisions on solid foundations, which allow strong planning of growth or expansion objectives.<\/p>\n\n\n\n<p class=\"blogb\">Analysts specialized in <strong><a href=\"https:\/\/www.investopedia.com\/terms\/f\/fixedasset.asp\" target=\"_blank\" rel=\"noopener\">fixed asset,<\/a><\/strong> occasionally supported by the responsible areas within the client&#039;s company, to analyze the background of the fixed asset survey records.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/conciliacion-de-activos-fijos-1-602x250-1.webp\" alt=\"fixed asset reconciliation\" class=\"wp-image-3814\" style=\"width:452px;height:188px\" title=\"\"><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\" id=\"por-que-es-importante-la-conciliacion-de-activos-fijos\"><strong>Why is fixed asset reconciliation important?<\/strong><\/h2>\n\n\n\n<p class=\"blogb\">The reconciliation process shows a summary of the book value, credits and debits linked to fixed asset accounts and accumulated depreciation, which is vital for reconciling accounting balances with fixed asset records.<\/p>\n\n\n\n<p class=\"blogb\">The reconciliation of fixed assets is widely linked to the following concepts:<\/p>\n\n\n\n<div class=\"listamedio\"><ul><li>Whether the depreciation has been applied correctly.<\/li><li>Whether adding new assets to a particular account is warranted.<\/li><li>Whether the disposition of assets has been correctly registered.<\/li><li>If the fixed assets have the correct value at the closing date or if it is after several adjustments.<\/li><\/ul><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/conciliacion-de-activos-fijos-2-300x422-1.webp\" alt=\"\" class=\"wp-image-3815\" style=\"width:300px;height:422px\" title=\"\"><\/figure>\n\n\n\n<p class=\"blogb\"><strong>Reconciliation aims to systematically verify and identify inconsistencies between the <a class=\"rank-math-link\" href=\"https:\/\/php81.anepsa.com.mx\/en\/fixed-asset-control-inventory-management\/\">physical inventory<\/a> and the accounting record of fixed assets<\/strong>, these differences could arise in the process of capitalization of assets or investments, the adjustment and correct definition of the differences and anomalies will be expressed in the accounting adjustment.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\" id=\"que-beneficios-tiene-la-conciliacion-de-activos-fijos\"><strong>What are the benefits of reconciling fixed assets?<\/strong><\/h2>\n\n\n\n<div class=\"listamedio\"><ol><li>Determine the fixed assets that generate value.<\/li><li>Identify obsolete fixed assets.<\/li><li>Clearly define surpluses and shortages between the physical inventory and the accounting record.<\/li><li>Establish the depreciation of assets.<\/li><li>Comply with IAS 16: Property, plant and equipment.<\/li><li>Reflect with certainty the existence of the assets.<\/li><li>Obtain reliable information in decision making.<\/li><\/ol><\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\" id=\"como-se-hace-la-conciliacion-de-activos-fijos\"><strong>How is the reconciliation of fixed assets done?<\/strong><\/h2>\n\n\n\n<p class=\"blogb\">The steps to prepare a reconciliation report of fixed assets against accounting information are:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/conciliacion-de-activos-fijos-3-602x168-1.webp\" alt=\"\" class=\"wp-image-3816\" style=\"width:602px;height:168px\" title=\"\"><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/conciliacion-de-activos-fijos-4-602x123-1.webp\" alt=\"\" class=\"wp-image-3817\" style=\"width:602px;height:123px\" title=\"\"><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\" id=\"que-es-la-verificacion-fisica-de-activos-y-registros\"><strong>What is physical verification of assets and records?<\/strong><\/h2>\n\n\n\n<p class=\"blogb\"><strong>The internal procedure demands a physical check of the fixed assets, this is to verify how they have been maintained since their original acquisition.<\/strong><\/p>\n\n\n\n<p class=\"blogb\"><strong>The asset records are used to know how many hours of operation the fixed assets have.<\/strong><\/p>\n\n\n\n<p class=\"blogb\">After the verification of balances and accounts, the closing balances are arrived at, which are reconciled with the closing balances as they appear in books, an asset reconciliation is, in short, a double check of the closing balances of fixed assets.<\/p>\n\n\n\n<p class=\"blogb\">Upon completion of the physical-accounting reconciliation, the updated and reconciled records are delivered; in this way, the information found in the company&#039;s inventory corresponds exactly to what was reported in the aforementioned records.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized is-style-default\"><img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/conciliacion-de-activos-fijos-5-300x293-1.webp\" alt=\"\" class=\"wp-image-3818\" style=\"width:300px;height:293px\" title=\"\"><\/figure>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><strong>At Anepsa we are happy to help you with all your questions, just <a href=\"https:\/\/php81.anepsa.com.mx\/en\/contact\/\" target=\"_blank\" rel=\"noreferrer noopener\">leave us<\/a> your data.<\/strong><\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center block_title_per\" id=\"links-que-tambien-te-puede-interesar\"><strong>Links that may interest you:<\/strong><\/h3>\n\n\n\n<div class=\"wp-block-columns sugerencias is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<a class=\"text-center\" href=\"https:\/\/php81.anepsa.com.mx\/en\/fixed-assets-control\/\"><p>Fixed Active Control<\/p>\n    <img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/03\/control-de-activo-fijo.webp\" alt=\"\" title=\"\"><br>\n    \n<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<a class=\"text-center\" href=\"https:\/\/php81.anepsa.com.mx\/en\/asset-valuation\/\">\n<p>Asset Valuation\n<\/p>\n<img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/03\/valuacion-de-activos-1.webp\" alt=\"\" title=\"\"><br>\n<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<a class=\"text-center\" href=\"https:\/\/php81.anepsa.com.mx\/en\/inventory-and-fixed-assets-control\/\">\n<p>How is the physical inventory and control of fixed assets carried out in the company?\n\n<\/p>\n<img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/%C2%BFComo-se-realiza-el-inventario-fisico-y-control-de-activo-fijo-en-la-empresa_-1024x768-1.webp\" alt=\"\" title=\"\"><br>\n<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>What is fixed asset reconciliation, how is it done and why is it important? Ask the experts in fixed asset control. Contact us and quote today.<\/p>","protected":false},"author":1,"featured_media":3529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"content-boxed-container","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[1615,1634],"class_list":["post-3490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria","tag-activos-fijos","tag-conciliacion"],"_links":{"self":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts\/3490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/comments?post=3490"}],"version-history":[{"count":16,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts\/3490\/revisions"}],"predecessor-version":[{"id":11255,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts\/3490\/revisions\/11255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/media\/3529"}],"wp:attachment":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/media?parent=3490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/categories?post=3490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/tags?post=3490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}