News & Articles

Day: September 15, 2021

Blog 3
Bookkeeping Tips
Are you thinking about purchasing a piece of equipment for your business?

Are you thinking about purchasing a piece of equipment for your business? A piece of equipment (also known as a fixed asset) is used in the operations of a business. They provide long-term financial benefits, have a useful life of more than one-year and are classified as property or equipment on the Balance Sheet.