Fixed Asset Control is a system of organizational policies and procedures that helps businesses to track, protect, and monitor their physical assets. It helps businesses avoid overspending and mismanagement by allowing them to have an understanding of the condition and worth of their fixed assets. This system also helps a business understand the estimated economic life of their assets, determine the exact cost and depreciation amounts associated with each asset, and plan for future maintenance costs. In addition, it provides protection against theft or damage to physical assets. All in all, Fixed Asset Control can help ensure that your business’s investments are well managed and protected.