Fixed Asset Register vs Chain of Custody
Finance needs book value; operations need who holds the device now. You need both views.
Published 2026-08-01 · Updated 2026-08-01
Two systems of record
A fixed asset register tracks cost, depreciation, and capitalization. Chain of custody tracks physical possession. Merging them poorly creates ghost assets on the books.
How AssetGo helps
AssetGo focuses on operational custody — QR, movements, vendors, audits — with depreciation reporting on higher plans. Pair it with your accounting FAR rather than replacing statutory books overnight.
Practical split
Finance owns valuation. IT/ops owns location and custodian. Shared asset IDs keep both sides aligned.