The Fixed Asset System is a critical component of any business, helping to ensure the accuracy and accountability of your organization’s valuable assets. This system allows businesses to easily track and manage their fixed assets over the course of ownership, such as land, buildings, equipment, and other long-term investments. By keeping track of purchases, depreciation rates, asset dispositions and more, businesses can get a better understanding of how their fixed assets are performing – allowing them to make more informed decisions about future investments. With an effective Fixed Asset System in place, businesses can increase profitability by reducing costs and improving efficiency.