Assets are mandatory things that must be taken into account, both by individuals and by companies. Why is that? Because assets are a measure of the level of wealth owned by a person or an institution. Then, what if the…
Keep Control Over Your Assets With Fixed Asset Management Services
Fixed asset management is a practice of continuously managing all of the company’s assets, whether tangible or intangible. More and more often, this management of fixed assets also involves monitoring accounting depreciation over time. In an increasingly complex national and…
How To Track Business Owned Physical Assets?
A fixed asset is an asset generating a lasting economic benefit for the company. The fixed assets appear in the company’s balance sheet. Each asset represents a heritage value, which can, however, be isolated from the activity. As a result,…
Keep Track Of Your Assets By Getting Them Physically Verified By Experts
.The process of physical inventory is to count the inventory one by one to record the available inventory. Correct goods management can help avoid shortages or excess goods (often referred to as overstock). Since this is a manual process, it…
Barcode System And Its Working
Almost every industry all across the globe is reliant on barcode numbering of inventory and it has become an integral part thereby replacing the method of manual entry effectively. The usage of barcodes has become inevitable due to its accuracy,…
Challenges Involved In Fixed Asset Valuation And Accounting
Fixed asset accounting pose a lot of challenge to many businesses. Not to mention the conundrums in the decision making. The decisions like which depreciation method to apply or the estimated salvage value of an asset can have a significant…
Have your fixed assets well managed with fixed asset management companies
All companies have assets, but not all have a specialized department that is dedicated to keeping track of them. This is logical if we compare the number of assets that a multinational has and the assets of a SME. But…
What can happen with improper fixed asset management?
Having fixed assets well managed throughout their life cycle, obtaining the specified returns, in a safe and environmentally responsible manner, creates value and offers a clear competitive advantage for the company. Today’s complexity and speed of change directly affects the…
The Management Of Fixed Assets, A Very Valuable Source Of Information
The fixed assets that are part of the assets of a company, those assets that cannot be converted into liquid in the short term but that are normally necessary for the operation, say “normal” of the company, provide very valuable…
Current Trends For Fixed Asset Management
The latest trends are making fixed asset management systems more attractive. Several teams have emerged that are having a marked impact on the market. We tell you below how the information regarding equipment, materials and even processes, available to managers…