John Parker is a business writer with 20+ years of experience as a business executive specializing in accounting and finance. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the tangible assets they purchase as business expenses. Microsoft Excel ...

Learn how group depreciation simplifies asset management by pooling similar assets, its benefits, limitations, and why it's ...

Transitions are difficult for any class of software, but fixed asset management programs have had more than their fair share of adjustments in the past few years.What began as a simple spreadsheet ...