Fixed Assets Are Tangible Long-term Assets That A Company Uses In Its Operations. The Five Main Types Of Fixed Assets Include:
Land: Includes Plots Used For Business Operations And Cannot Be Depreciated.
Buildings: Structures Such As Offices, Factories, And Warehouses.
Machinery: Equipment Used In The Production Process.
Vehicles: Company-owned Cars, Trucks, And Other Transportation Means.
Furniture And Fixtures: Office Furniture, Shelving, And Other Fixtures.
These Assets Are Vital For Operational Efficiency And Require Meticulous Management. Nova Technosys Fixed Assets Register Offers Comprehensive Solutions For Tracking, Maintaining, And Optimizing These Assets, Ensuring They Contribute Effectively To Business Growth.