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if software is purchased and price is paid at once and used for many years then it is fixed asset but if you purchase a software and after that every year you need to renew the license of using that software then this lisence cost is current asset and price paid for purchasing software is fixed asset.
For Example:
software purchased for $1000 and lisence renew fee for every year is $100 then $1000 is fixed asset and $100 is current asset or revenue asset.
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What is a good example for an asset inventory software?
There are quite a number of various examples of asset inventory software on the market. A good example of one would be RedBeam Fixed Asset Tracking Software.
What are the names of some software to help with fixed asset management?
You can use the software Sage Fixed Assets to help with fixed asset management. This program has been used for over 30 years and will help increase accuracy.
Is a desk a fixed asset or a current asset?
A fixed asset.
Is fixed asset a current asset?
fixed deposit is an assets
How do you determine the useful life of a fixed asset?
useful life of fixed asset
What is the purpose of a fixed asset tracking software?
A fixed asset tracking software is to track all of your fixed assets for the purpose of theft deterrence, preventive maintenance and financial accounting.
From where can one purchase fixed asset depreciation software?
Many versions of fixed asset depreciation software are available for purchase from online dealers. This includes BNA Software, Sage Fixed Assets, and Money Soft.
Is an automobile considered a fixed asset?
yes
What is a good example for an asset inventory software?
There are quite a number of various examples of asset inventory software on the market. A good example of one would be RedBeam Fixed Asset Tracking Software.
What are the names of some software to help with fixed asset management?
You can use the software Sage Fixed Assets to help with fixed asset management. This program has been used for over 30 years and will help increase accuracy.
Depreciation on Fixed Asset is a operating expenses or not?
Depreciation on Fixed Asset (Furniture, Building) are considered as Non-Current Assets
Is a calculator fixed asset?
No, it is just too unsignificant to be considered as fixed assets.
Software lieance is consider as fixed assets?
Software license is typically considered as an intangible asset rather than a fixed asset. This is because it does not have a physical substance and is not expected to provide long-term economic benefit. Intangible assets are recorded on the balance sheet separately from fixed assets, typically under the category of "intangible assets" or "other assets."
Is mobile set considered a fixed asset?
mobile set]
What Types of fixed asset?
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
Is a desk a fixed asset or a current asset?
A fixed asset.
Is good is a fictitious asset or fixed asset?
fixed
