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Fixed Assets Accounting

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"Fixed Assets Accounting"

Even today, despite the automation of most accounting processes, fixed assets management is a complex, time-consuming accounting function that typically suffers from an extremely high level of manual effort.

Our survey shows that organizations continue to rely on these high-effort, high-risk manual processes to manage fixed assets tax data, calculate federal and state depreciation, reconcile depreciation with the general ledger, manage repair expenses, and report on fixed assets.

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