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Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Fixed Assets
- What is a fixed asset account?
Fixed Assets - What is a fixed asset account?
Fixed assets—also known as tangible assets or property, plant, and equipment (PP&E)—is an accounting term for assets and property that cannot be easily converted into cash. ... Virtually all businesses have a fixed asset investment. Fixed assets are used in the production of goods and services to customers.
