When businesses acquire an asset, they don’t expect it to last forever. In fact, they only expect it to last for a certain length of time before it no longer provides value. This is the asset’s useful ...

Learn how group depreciation simplifies asset management by pooling similar assets, its benefits, limitations, and why it's ...

From nimble startups to established, multigenerational enterprises, I’ve had the privilege of financially guiding a diverse array of businesses. Across all these experiences, one pattern stands out: ...

The Fixed Assets Management staff manages all financial reporting of fixed assets, including equipment, land, buildings, infrastructure (sidewalks, exterior lighting, piers, and docks, etc.), ...

Stephanie Trovato is an experienced journalist with a focus on tech and small business. She has written for national web publications like Hubspot, SmallBizClub, and Investopedia. You can find her at ...

If your firm still computes depreciation manually, and cannot justify the extra software costs just to get out a listing of fixed assets with the depreciation computed correctly, you may want to look ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. You may have heard financial ...