<span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Manage Accounting for Fixed Assets process involves tracking, recording, and managing the financial aspects of an enterprise’s fixed assets. Key steps include identifying and valuing assets, calculating depreciation, tracking maintenance and upgrades, documenting asset disposal, and preparing financial reports. The main goals are to ensure financial accuracy, comply with regulations, and support informed decision-making about assets.</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">This process was renamed in 24.5 old Account for Fixed Assets</span></span><br/>
The process of tracking, recording, and managing the financial aspects of the enterprise’s fixed assets, such as property, plant, and equipment, to ensure accurate financial reporting and compliance with accounting standards.
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HierarchyLevel
4
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Description: the level of this object in the hierarchy (1-x integer)
Issue
Business Process Framework 20.0 Addition
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Maturity
4
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Description: the maturity level of this element (1-x integer)
Process Identifier
1.7.5.4.5
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TMFStatus
Not Fully Developed
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Values: Released,Preliminary,Draft,Not Fully Developed,likelyToChange,likelyToBeDeprecated Description: the TM Forum status