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 impact on tax liability and earnings. Fixed asset management system in India has to see…
Tag: fixed asset management
What can you get out of fixed asset management?
Everything your business owns and/or has control over is called assets. Those of the assets where you expect a useful life and/or useful life of more than one year are called not just assets, but fixed assets. Fixed assets are assets that a company uses for its long-term business activities, and are classified into tangible…


