A Fixed Asset Ledger is a record of all the long-term assets that an organization owns or leases. This ledger can include items such as buildings, furniture, equipment, vehicles, investments, and intangible assets like trademarks and copyrights. The Fixed Asset Ledger is not only used to keep track of what assets a business owns, it’s also used to store and account for their values over time. This allows companies to accurately report the value of their fixed assets when creating financial statements and tax documents. Keeping accurate records of these assets is essential for any successful business, so be sure to update your Fixed Asset Ledger on a regular basis!