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Office Administration

Fixed asset register

Definition

A fixed asset register is a record of every long-term asset an organisation owns, listing each item's tag, location, cost, custodian and condition over its life.

What should a fixed asset register record?

  • Asset tag and description.
  • Purchase date, supplier and cost.
  • Location and the person responsible.
  • Condition, maintenance and transfers.
  • Disposal date and method when it leaves.

How do you keep the register accurate?

Update it at every purchase, move and disposal, and verify it with a physical count on a schedule, similar to stocktaking. The Office Asset Registration and Lifecycle Management course teaches the process.

Courses, checks and reading on the same work.

Which sources does this page use?

This page states no statutory figures, so it cites no official source.

Updated 20 October 2026. General information from the Certifyd team, not legal, tax or safety advice for your workplace.