Your company’s fixed assets are your most valuable resources, vital for the smooth running and success of your business operations. This means you need to stay informed about their location, utilization history, and condition at any given time. After all,...
Are you using spreadsheets to track and manage your tools, heavy machinery, and other equipment? We understand, as many people still do. However, while spreadsheets have been a staple in business operations for decades, they may not be the most suitable tool for...
As construction company owners and managers know, efficiently managing fixed assets like heavy machinery, vehicles, equipment, tools, and facilities can be challenging, particularly when the company is engaged in several projects at once. Since construction is a...
How you manage and track your valuable assets can either make or break your company, no doubt about it. In this article, we’ll, therefore, delve deeper into the best practices regarding fixed asset accounting—an integral part of asset management—providing insights,...
Construction companies generally deal with lots of fixed assets—from cranes and backhoes to hand drills and power tools. If you operate in the same field, you’re aware that effectively managing these assets to best serve your business requires precise fixed...
