depreciable life policy

A capitalization policy will help determine whether an item your organization buys is a regular expense or a fixed asset. Organizations use a capitalization policy to set a threshold for…

In a previous video, we looked at how a  capitalization policy works in an organization. That document states that any item purchased over a certain value is considered a fixed asset.…

This is a pretty big topic that can get complex fast, but here are the basics on what fixed assets are and how to track them in your accounting. A…

Fixed Assets Fixed assets are commonly found on a balance sheet in the assets section. Other items grouped together in the assets section usually include cash, investments, accounts receivables, and…