What Are Fixed Assets

Learn what fixed assets are, why they matter to your business, and how Officaid helps you manage equipment, depreciation, and assignments in one place.

Adding a Fixed Asset

Record your business equipment in Officaid

Linking Assets to Purchase Transactions

Connect your fixed assets to existing expenses or payables in Officaid for a complete financial trail.

Understanding Depreciation

Learn how depreciation works in Officaid, compare Straight Line and Declining Balance methods, and choose the right approach for your assets.

Fixed Asset Statuses and Lifecycle

Learn how to manage your assets through each stage in Officaid, from available to assigned to disposed.