Fixed Asset Transaction Reports | 7 Reports you should be Running

2018-07-24T10:26:50-04:00Tags: , , |

7 Fixed Asset Reports you should be Running for Transaction Purposes Fixed asset management is critical to the success of your organization, regardless of size. It encompasses all fixed asset tracking, asset accounting, preventive maintenance, and theft deterrence efforts – and that’s a lot. As such, staying on top of fixed asset management [...]

Fixed Asset Reports | 5 Accounting Reports you should be Running

2018-08-01T12:35:45-04:00Tags: , , |

Fixed asset reports are an integral part of all asset management processes. They provide the intelligence needed to facilitate accurate financial records for asset accounting, maintenance and management purposes. Regardless of whether you’re preparing your reports with an asset management software solution or using spreadsheets, it’s critical to understand the purpose of each report, [...]

An Introduction to Useful Life and Depreciation

2019-09-05T14:45:18-04:00Tags: , , , |

For many entities, capital assets represent a significant investment of resources. As such, to make the most of your investment, these assets need to be actively accounted for and managed. Depreciating assets over their useful life is not only beneficial to your organization but is required by GASB 34. This overview is intended to [...]