Course Content

  • 10000

Course Content

FAQs

A fixed asset transaction is a transaction, in which the buyer and seller have a comprehensive understanding of each other's assets, liabilities and future expectations. A fixed asset transaction is not just about what the buyer has or what the seller has. It also includes how much money they can afford to pay for their assets, who will be showing them the property and who will be paying them for it.

Fixed assets are assets that cannot be easily replaced. Assets like buildings, cars, vineyards etc. can be easily replaced but it is hard to replace the fixed assets like the employees of a company e.g. its infrastructure, its products and services etc.

Some companies are facing challenges because of the aging of their fixed assets. Companies should take into consideration that they need to adjust the cost of their fixed assets. We need to adjust our spending on fixed assets by taking into account the added value that is being generated through their use. This is the way to adjust fixed assets : Click Fixed assets > Setup > Fixed asset posting profiles. Select a fixed asset posting profile.

Recommended Courses

Share With Friend

Have a friend to whom you would want to share this course?

Download LearnVern App

App Preview Image
App QR Code Image
Code Scan or Download the app
Google Play Store
App Store
297K+ Downloads
App Download Section Circle 1
4.5 Rating
App Download Section Circle 2
10K+ Reviews
App Download Section Circle 3
  • Learn anywhere on the go
  • Get regular updates about your enrolled or new courses
  • Share content with your friends
  • Evaluate your progress through practice tests
  • No internet connection needed
  • Enroll for the webinar and join at the time of the webinar from anywhere