Accounting Terms
Want to know what Long-Term Asset means?
HumanBookkeeping.com can help. We are expert bookkeepers that can help your small business with its bookkeeping needs. Here's a short explanation of what Long-Term Asset means. If we can be of more help explaining what Long-Term Asset is or if we can help you with any of your small business bookkeeping needs, give us a call at 888-994-8626(888-99HUMAN).
HumanBookkeeping.com provides a way for small businesses to have outsourced bookkeeping at a significant savings. We provide our clients with pre-printed envelopes. You stuff the envelopes and our expert team does the rest with detailed reports and timely compliance support. Not to mention, you now have a team of experts at your disposal should you have questions or last-minute needs. Let's start with answering what Long-Term Asset means:
A long-term asset is any asset that will be held or used in the production of revenue for a period greater than one year. Since most assets are recorded on a company’s books at the lower of cost or market, most long-term assets are undervalued on the company’s books.
Need more information or help? Don't hesitate to give us a call right now at 888-99HUMAN.
HumanBookkeeping.com provides a way for small businesses to have outsourced bookkeeping at a significant savings. We provide our clients with pre-printed envelopes. You stuff the envelopes and our expert team does the rest with detailed reports and timely compliance support. Not to mention, you now have a team of experts at your disposal should you have questions or last-minute needs. Let's start with answering what Long-Term Asset means:
A long-term asset is any asset that will be held or used in the production of revenue for a period greater than one year. Since most assets are recorded on a company’s books at the lower of cost or market, most long-term assets are undervalued on the company’s books.
Need more information or help? Don't hesitate to give us a call right now at 888-99HUMAN.
