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Fixed Assets Management

oboloo Glossary

Fixed Assets Management

Fixed Assets Management is the process of tracking and managing a company’s long-term physical resources. It ensures that assets are used efficiently and productively, while also maintaining records of ownership, condition and depreciation. From tangible items like buildings and machinery to intangible ones such as intellectual property, fixed asset management helps companies stay organized and ensure they allocate their resources wisely – making sure they get the most out of their investments. In short, it’s essential for any business to succeed.

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