Ghost Assets in Fixed Asset Ledger?
A ghost asset is a fixed asset in a general ledger (GL) that cannot be accounted for because it is physically missing or otherwise rendered unusable.
Everyone has ghost assets in their fixed asset system. These outdated and out of service assets can really affect the bottom line of businesses, but why do they still exist?
Because there is a breakdown in their fixed asset management processes. To learn more about the gaps and ways to address them, fill out the form below and you can download our latest white paper “How to Resolve Common Gaps in Fixed Asset Management”.