Accounting Fixed Assets

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Fixed Asset Accounting Help and other Accounting Software topics.

Why do I need to account for fixed assets?

Accounting Fixed Assets

Managing your fixed assets requires acknowledged depreciation proficiency and a user friendly interface that can be customized with the functionality your company needs.

You should have the ability to conduct:
• Partial and whole transfers of assets
• Disposal of assets (including bulk asset clearance with an automated gain/loss calculation)
• Track asset transfer activity
• Security features at the server, company and user levels
• User defined terms for each individual asset to ensure consistency throughout your asset system



Nobody has commented on this tip yet. Be the first.


URL: (optional)


Not finding the advice and tips you need on this Accounting Software Tip Site? Request a Tip Now!

Guru Spotlight
Linda Handiak