News

Most companies have a mix of fixed assets and inventory. Although both act as assets, each gets treated differently on a companies financial statements. Different generally accepted accounting ...
Fixed assets are items used by businesses to help produce income and often have significant value. Fixed assets differ from other business expenses such as paper or ink because the items are used over ...
The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...
Fixed assets and depreciable assets are two very closely, interrelated items on a company's balance sheet. Let's define each and describe how they are the same and subtly different. A fixed asset is ...
Ways to be efficient include using AI and automating tracking. Image courtesy of Vlada Karpovich via pexels.com Does managing your multifamily property’s inventory and fixed assets feel like a ...
All departments are required to perform a complete inventory of their capital equipment once per year. This process is an important control activity designed to safeguard the assets of the University.
Baltimore, Md.-based IntelliTrack, Inc., a developer of affordable software for barcode and RFID data collection, is teaming up with Lowry Computer Products, Inc., a national manufacturer and systems ...
Companies don’t need to be haunted by ghost assets. And yes, ghost assets are very real and can have a scary impact on the bottom line. What is a ghost asset, you ask? Well, it’s a fixed asset in a ...
For the last nine fiscal years, the University Community has been asked to utilize the Fixed Asset Confirmation Tool to complete the annual fixed asset confirmations process. On Wednesday, June 11, ...