Resource Page for How to Manage Fixed Assets

What are Fixed Assets?
Commonly referred to as Property, Plant, and Equipment (PP&E), fixed assets are tangible items that a business owns and expects to use for more than 12 months.
Managing fixed assets is not just about keeping a list; it is a strategic function that impacts a company's financial health and operational efficiency. Proper management covers the entire Asset Lifecycle, from acquisition to disposal.

There are many reasons to maintain an effective management system for fixed assets.
In many large organizations, including Federal and Provincial or State Governments, it is mandatory, co proof of compliance is required. Other reasons include protection from shrinkage, reducing duplication of expensive equipment, rapidly locating key equipment when required, and for legal reasons, particularly when value of fixed assets impacts on balance sheet.

The site contains information on how to manage fixed assets easily, quickly and accurately, to have reliable information to help make important purchasing decisions, and ensure that required equipment is available and up to date.