Fixed assets management

Organizations face a significant challenge to track the location, quantity, condition, maintenance and depreciation status of their fixed assets.

The owner of the assets can take inventory with a mobile bar code reader and then produce a report.

Off-the-shelf software packages for fixed asset management are marketed to businesses small and large.

Some tracking methods automate the process, such as by using fixed scanners to read bar codes on railway freight cars or by attaching a radio-frequency identification (RFID) tag to an asset.

Fixed assets are defined as any 'permanent' object that a business uses internally including but not limited to computers, tools, software, or office equipment.