Articles

ACS Pro

What Is Fixed Asset Depreciation?

July 26, 2022

Fixed assets are company assets that have an expected useful life of more than one year, such as buildings, office equipment, or machinery. Over time, these items depreciate in value until they have been reduced to their minimum resale value…

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ACS Pro

What Are the Challenges Faced with Fixed Assets?

July 26, 2022

Fixed asset management is a complicated process because organizations do not exact the location of their assets. As a result, when fixed asset physical verification is done organizations find that their lots of assets are in some other location or…

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