Assets are those entities which have the power of generating revenue in the future for the investment made in the past. Assets individually or with help of other assets generate monetary benefits for the company.
Sep 13, 2011 19:57:36
Windows 95, Windows 98, Windows ME, Windows NT, Windows 2000, Windows XP, Windows 2003, Windows Vista
Data Verification 3 Auditing is checking books of accounts and confirming that they show true and fair view. The books of accounts have to be checked to ensure that there are no mistakes misappropriations, fraudulent techniques used to show less profit and hence pay low
Accounting 3 Assets play key role in setting up and running a business successfully. Fixed assets like buildings, premises etc are the place where the management and decision making of the business takes place.
Description: Asset tracking software also keeps a record of the procurement sources of the raw materials and the clients to whom the finished goods were sold. This helps the management to prepare a strategy which suits the respective client. Asset tracking software automatically generates a report of a particular period. Hence Asset tracking software is a most important tool in the hands of the store keeper which can be used to increase the productivity, decrease waste, improve quality, reduce manual labor and thus ultimately increase the profits of the business as a whole.