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Tag Archives: Tracking of Fixed Assets

Importance of a Comprehensive Fixed Asset Management System in an Enterprise?

To define Fixed Asset Management in a nutshell, it is the process that involves the tracking of Fixed Assets, their Accounting, Preventive and Corrective Maintenance, Tracking and Theft Deterrence. It is always a challenge for organizations to accurately track the location, condition, and status of their fixed assets, especially for organizations which operate from multiple locations. To maintain a proper Fixed Asset Register whilst simultaneously complying with Accounting and Taxation standards is …Read More