According to basic accounting principles, inventory and fixed assets are both treated as assets on a company’s balance sheet. As a result, many people have difficulty understanding why the business systems for managing the two types of assets must provide such different capabilities. The answer lies in understanding the differences between inventory as an asset and fixed assets such as equipment and facilities.
Deciding Between a Fixed Asset or an Inventory Management System - Wasp Buzz
Posted by BLASTanna under FinanceFrom http://www.waspbarcode.com 3736 days ago
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