News & Views

Fixed Asset Software for Capital and Operating Leases

 Dec 17 2014

Across the board, both large and small entities have found leasing fixed assets to be a viable alternative to purchasing them. Leasing an asset is much easier than purchasing outright, and leasing fixed assets is a popular choice among entities that do not want to tie up capital in fixed assets o...

The City of Florence, Kentucky Selects Asset4000 and RFID4000

 Dec 17 2014

The City of Florence, Kentucky is home to almost 30,000 residents and more than 2,500 businesses, large and small, within the healthcare, manufacturing, and retail sectors. The city is bordered by I-75/71, I-275, and the Greater Cincinnati/Northern Kentucky International Airport making it an idea...

The Pros of Professionally-Printed Barcodes

 Oct 21 2014

Tracking a large number of fixed assets across multiple locations is a significant challenge for companies and barcode-tracking technology can help to transform this process. With barcode-tracking technology, fixed asset audits can be managed with speed and accuracy but the quality of the barcode...

Five Ways to Prepare for New Lease Accounting Rules

 Oct 13 2014

As two of the accounting world's major governing bodies—the FASB and the IASB—converge, they're scrutinizing how businesses track lease expenses. Under existing accounting standards, a majority of leases are not reported on a lessee's balance sheet. The amounts involved can be substantial, as...

The Big Number: Changes in Lease Accounting Rules Draw Closer

 Sep 24 2014

50% - Percentage of global companies with bank-debt covenants potentially affected by lease accounting changes

U.S. and international accounting-rule makers are edging closer to completing a decadelong effort to overhaul lease accounting rules. The rules, which could be issued next year, th...