Effectively Managing a
Maintaining an accurate inventory of fixed assets and capitalized equipment is critical to organizations of all sizes. As a whole, organizations realize significant savings and benefits through maintaining an accurate inventory. Facilities and IT departments benefit through increased control and accountability of assets, as well as savings in budgets from reallocating existing assets, and minimizing shrinkage. While finance departments often see benefits through tax and insurance savings, as well as compliance with grant and regulatory requirements.
The following steps have been established to assist organizations maintain its investment in fixed assets and capitalized equipment.