Fixed Asset Management ERP for Mid-size Business

There are two general classifications of assets, short-term assets and fixed assets. Short-term assets are those that remain on the books for less than one year. Short-term assets include things such as cash and office supplies which are commonly used up in a short amount of time. Fixed assets are those assets that remain on the books for more than one year. The IRS defines fixed assets as property or equipment with an estimated life in excess of one year. Fixed Asset Management ERP provides an easy-to-manage, single version of the truth for the fixed assets. It enables to maintain and control the complete lifecycle across depreciating or non-depreciating assets from creation to depreciation, revaluation and disposal. It supports detailed PMV management link, including maintenance schedules and insurance, while providing tight accounting integration so that the fixed asset information is always presented accurately on the financial statements. Fixed Assets Management is design...