An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

If your business has fixed assets, generally accepted accounting principles, or GAAP, can serve as a guide to properly account for these long-term tangible assets on your accounting records. Specific ...

Relatively few companies are using dedicated fixed assets accounting software, according to a new survey, and are instead relying on homegrown spreadsheets and databases. The survey, by Bloomberg BNA, ...

Where the initial focus of most fixed asset programs was tax computation - there is a significant move by virtually all of these systems to allow for more asset tracking. This means that you can use ...

Fixed assets, also known as property, plant and equipment, are usually expensive items that last long term, such as real estate, heavy equipment and furniture. Accountants in charge of this area of a ...

DENVER, Oct. 1, 2024 /PRNewswire/ -- Netgain is excited to announce that its fixed asset management solution, NetAsset, is now available to simplify and streamline accounting processes with any ...

SOLON, Ohio, Nov. 8, 2017 /PRNewswire/ -- MRI Software, a global leader in real estate software solutions, today announced MRI Fixed Assets, a new fixed asset accounting solution for the real estate ...

Fixed assets are items that are for long-term use, generallyfive years or more. They are not bought and sold in the normalcourse of business operation. Fixed assets include vehicles, land,buildings, ...