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Fixed asset gement best practices sage assets canada practicespdf. Asset management fixed best practices practicespdf. Fixed asset management within sap business bydesign best practices. Fixed asset management best practices practicespdf assets tracking. Fixed set management best practices for small business.
Without regular asset tracking, your company can suffer financial losses. You could be charged with paying taxes, insurance, purchases, and maintaining assets that are unnecessary. You could end up paying taxes for assets that already have depreciated or (or the ones you no longer have). You could also be overwhelmed when your assets are inadequate to meet the demands of your customers or clients. Therefore, it is very important to keep track of the amount of assets you actually have as well as the amount of assets recorded in your books.
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