Senior Consultant to Verasset Publishes Book on Optimizing the Asset Lifecycle

A senior consultant to Verasset Corporation, has published a book titled Optimizing the Asset Lifecycle. Brad Vinecombe has worked in the asset management and tracking industry for over 20 years, having founded, run, and sold several businesses and products related to the content within his new book. Vinecombe acts as a senior consultant to Verasset […]

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What are Fixed Assets

Fixed assets are items of personal (moveable) property with an estimated useful life of more than one year. Examples of fixed assets include furniture, fixtures, equipment, computers, vehicles, and similar items of personal property. A fixed asset does not lose its identity through incorporation into a different or more complex device. In contrast to “inventory” […]

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Why You Need to Maintain Accurate Fixed Asset Records

Capitalized fixed assets are assets that meet or exceed a defined value threshold and are depreciated in value over their useful life. Asset depreciation is usually recorded each month. One common depreciation method is to calculate annual depreciation expense and then divide this figure by 12 to determine the monthly expense. Accountants will post a […]

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