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Acquisition costs

Accounting methods: A guide

Accounting is a key element of financial reporting and plays a decisive role in the financial reporting of companies. It makes it possible to present the assets, financial position and earnings of a company at a specific point in time. The choice of accounting method has far-reaching effects on the presentation of a company's financial situation and can therefore also influence the decisions of investors, creditors and other stakeholders. In practice, there are various [...]

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How do I introduce CAFM software in my company?

The introduction of CAFM software in your company can mean a decisive improvement for your facility management. Appropriate planning, choosing the right software and involving the relevant stakeholders are essential for successful implementation. In this article, we will look at the key steps you should consider when implementing a CAFM solution. Step 1: Define requirements Before the go-ahead is given for the introduction of suitable CAFM software, it is essential to define the company-specific

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The importance of rental yields for property investors

The rental yield is an important key figure in the property sector. It measures the profitability of a property investment by calculating the ratio between the annual rental income and the purchase price of the property. A higher rental yield indicates better profitability, while a lower yield may indicate a less profitable investment. Investors use the rental yield to compare different property properties and make their investment decisions. The key figure also helps to

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Fix and flip properties: Successful renovation and sale

The property search is a complex process that requires careful planning and research. Firstly, investors should define their specific requirements in terms of location, size, facilities and property type. A thorough market analysis of the target region is essential in order to make informed decisions. Estate agents and online platforms can be valuable resources for property searches. When selecting a property, it is important to consider long-term perspectives. This includes assessing future developments in the neighbourhood, infrastructure projects and

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How to select a CMMS in just a few steps

A Computerised Maintenance Management System (CMMS) is a software-based solution for managing and optimising maintenance processes in companies. It enables the systematic planning, execution and documentation of maintenance activities for plant and equipment. The main functions of a CMMS include: 1. plant management: recording and management of all relevant information on plants and equipment. 2. maintenance planning: creation of maintenance plans and scheduling of maintenance tasks. 3. order management: management of maintenance orders and workflows. 4. inventory management: monitoring and

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Depreciation: How to save taxes

Depreciation is an important aspect for businesses and individuals to understand their financial situation and save tax. It is important to understand how assets depreciate over time and how this can affect the tax burden. In this article, we will explore the different types of depreciation, how it is calculated and how it affects the balance sheet and income statement. Key Takeaways

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IFRS 16 Leasing: What companies need to know about the new regulations

The International Financial Reporting Standards (IFRS) are a series of accounting standards developed by the International Accounting Standards Board (IASB). One of the latest standards is IFRS 16, which came into force in January 2019. This standard has a significant impact on lease accounting and is therefore of great importance to companies. What is IFRS 16 and why was it introduced? IFRS 16 is an accounting standard,

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