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The Reality, Perception, and Truth of Using the ERP for Tax Depreciation

Can’t Do This in the ERP System: Avoiding the Pitfalls of Fixed Asset Management in the ERP

When Fixed Assets Cause Inaccuracies in Financial Statements: A Controllers Perspective Cover Image.Many companies have obtained success though the implementation of an Enterprise Resource Planning (ERP) system to facilitate operational coordination across functional departments. Successful implementation of these systems may often benefit strategic planning and management control in one way or another. However, the ERP may not be the answer for every situation a firm’s accounting department may face.

Download this article to find out the pros and cons of utilizing the corporate financial accounting system (ERP/GL) for fixed asset management and tax depreciation calculations, and an alternative strategy.

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