Fixed asset management is a unique breed of accounting and even experienced accountants can overlook opportunities. For example, many people don't realize that a thorough and accurate physical inventory using the right tools and techniques routinely leads to a 20 to 30 percent savings on property taxes and insurance.
Chicago, IL (PRWEB) August 20, 2009
Paragon Systems (http://www.depreciationexperts.com), a provider of Sage FAS Fixed Asset Management Software, physical asset inventory services, fixed asset valuation, and cost reconciliation studies, has announced the launch of "Crazy About Your Assets," (http://fasangie.wordpress.com) a new blog providing expert advice about fixed asset management issues. The blog is edited by Angie Bolton-Lyons, Senior Account Manager and Consultant at Paragon Systems and expert on asset accounting principles and procedures.
"The current economy actually presents a huge opportunity for people to learn how proper fixed asset management can help them save money," Bolton-Lyons notes. "Fixed asset management is a unique breed of accounting and even experienced accountants can overlook opportunities. For example, many people don't realize that a thorough and accurate physical inventory using the right tools and techniques routinely leads to a 20 to 30 percent savings on property taxes and insurance."
'Crazy About Your Assets' will answer both fundamental and less obvious fixed asset accounting questions - like how best to recognize and depreciate fixed assets or which asset accounting software can best address a particular situation or need. Ms. Bolton-Lyons will share her experiences from the field and provide a unique perspective on fixed asset accounting issues based on over 10 years as a fixed asset management consultant.
Prior to joining Paragon Systems, Bolton-Lyons held the role of senior Sage FAS Consultant and Trainer where she was responsible for all aspects of fixed asset management and implementation of Sage FAS Asset Accounting Software (http://www.paragon-net.com/software.asp) as well as the development of business process controls and policy structure for hundreds of businesses in multiple industries.
"We're looking forward to addressing fixed asset management issues and questions from every kind of reader," Bolton-Lyon states. "That includes CFOs, controllers, accountants, IT folks, finance directors - anybody involved in tracking, managing and reporting on fixed assets, no matter what level. It's a fantastic forum to create 2-way dialogue between the fixed asset accounting experts at Paragon Systems and anyone in the field that's interested in saving time and money."
You can check out some of the latest blog entries on Crazy About Your Assets at http://fasangie.wordpress.com.
About Paragon Systems:
Paragon Systems, a division of Paragon International, Inc. located in Schaumburg IL, is an authorized business partner of Sage Software and certified in the Asset Accounting and Inventory applications. Paragon has been working with Sage Software providing fixed asset management solutions for over 20 years. They provide a complete Goldstrike solution, including inventory services and bar-coding hardware, data conversion and integration, cost reconciliation and appraisal services, and software customization and training. As a member of the FAS VAR council, they regularly contribute to the development and enhancement of the fixed asset product line, specializing in FAS implementation and integration of inventory services. Visit http://www.depreciationexperts.com for more detail.
Paragon Valuation Group, a Division of Paragon International, Inc. provides valuation services including appraisals of real estate and equipment, property tax reduction programs, fixed asset management activities, maximization of federal tax benefits through Section 1245/1250 cost segregation studies, and allocation of purchase price for recently completed transactions. Learn more at http://www.paragonvaluation.com.
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