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all businesses are held accountable for the status and value of their fixed assets even items that are lost stolen or unusable managing a physical inventory of fixed assets and maintaining the correct valuations can be daunting especially when utilizing spreadsheets or manual counting common consequences of poor asset management include failure to correctly account for purchases overpaid taxes and entrance regulatory compliance issues and a loss of employee productivity net Suites fixed assets management solution provides visibility and control over assets by managing the complete asset lifecycle from creation to valuation depreciation and retirement all in one place its an easy to manage single version of the truth for all assets including a flexible fixed asset calculation engine and complete asset reporting integration with NetSuite financials creates accounting entries with alternative methods of asset depreciation for tax reporting helping ensure no equipment slips through the cr
