Fixed Asset Management

The Right Way to Audit Your Fixed Asset

What is a Fixed Asset? A fixed asset is an item used by an organization to create income. It always remains its installed position. Fixed assets may be more familiar to you under the name of capital assets They are also referred to as PP&E, or “property, plant, and equipment.”  Examples of fixed assets include air conditioning systems, buildings, natural resources, conveyor belt equipment, and land. These are not projected to undergo… Read More »The Right Way to Audit Your Fixed Asset

Methods of Fixed Asset Tracking

Why Asset Inventory Management Matters Asset management software removes the hassle of paperwork and can improve the accuracy and timeliness of your fixed asset records. Creating a new asset in your ERP system is as easy as putting on a barcode label, scanning it with a handheld device, and entering some information. One of the top challenges facing supply chain professionals today is keeping track of their fixed assets. For… Read More »Methods of Fixed Asset Tracking
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