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The Cost of Spreadsheets in Fixed Asset Management

Assets like land, buildings, transportation, and manufacturing equipment represent the largest investments most companies make. While sound fixed asset management can lead to a substantial tax savings in depreciation deductions, poor fixed asset practices can threaten the accuracy of financial reports, causing re-reporting and negatively impacting the bottom line.

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Assets like land, buildings, transportation, and manufacturing equipment represent the largest investments most companies make. While sound fixed asset management can lead to a substantial tax savings in depreciation deductions, poor fixed asset practices can threaten the accuracy of financial reports, causing re-reporting and negatively impacting the bottom line.

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