Implementing tools such as barcode labels can help organizations save money while streamlining their fixed asset management systems. Purchasing inventory asset tracking tools to save money may seem counterintuitive, but using barcodes in conjunction with inventory barcode scanners can deliver more comprehensive inventory tracking that reduces the chance of items getting lost or stolen. Fixed assets thought to be lost [...]

At any given time, schools have thousands of fixed assets on their books, ranging from classroom computers and science lab microscopes to desks and chairs. Without an adequate asset tracking program in place, it can be easy to lose track of which items are where. This can lead to replacements being unnecessarily purchased, the last thing a [...]

Setting up a fixed asset register is a crucial part of a successful fixed asset management process. To facilitate easy reporting and expediteasset tracking, it’s important to include several types of information on each asset record, such as: – Specific identification details (those differentiate each item from others of its type, as well as those in its [...]

In the case of some fixed assets, the length of time between acquisition and implementation is extremely short. For example, it usually doesn’t take very long to set up a computer or a piece of office furniture. For other types of fixed assets – such as buildings – the period of time between the acquisition of [...]

January is traditionally a time for reflection. The month was even named after Janus, the Roman god of beginnings and transitions, who is traditionally depicted as having two heads – one turning to regard the past, the other looking forward to the future. With that in mind, think about the way your company approached fixed asset [...]