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Best practices for fixed asset managers

One of the challenges faced by fixed asset managers is knowing when assets are physically transferred to another location, disposed, or sold. Sage Fixed Assets has an automated reconciliation process that eases this process and readily integrates with its accounting and depreciation functionality, providing a complete fixed asset management solution.

There is nothing more critical to effective management of fixed assets than beginning with an accurate fixed asset inventory. Without it, no amount of added processes, controls, or correct calculations can ensure the accuracy of fixed asset accounting. The only reliable way to verify and validate the fixed asset information is to conduct a physical inventory.

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