Classifying the fixed assets to groups

Babel managing fixed assets software

What is fixed assets classifying?

The division of fixed assets into groups such as cars, machinery and equipment - electrical appliances Each group has its own depreciation rate and each category falls under the group depreciation rate is the same as the depreciation rate of the group with the possibility of adjusting the depreciation rate of the asset to a separate rate and self-observing notes once the system is established Babel system Automatic depreciation compound name collection and added to the accounting directory

Fixed assets groups

Learn about the fixed asset guide of contracting companies