Maintaining an accurate inventory of your fixed assets is crucial to ensure the reliability of your fixed asset accounting records.
If you have fixed assets on your books that you no longer owe, you may be overpaying for various insurance’s. Additionally, removing erroneous assets from your fixed asset ledger may reduce your property and income taxes.
Assets expensed in error should be on the ledger.
Managing a physical asset inventories are daunting tasks, DCATS—will help you manage them with ease.