Fixed assets

Meaning

Are assets that you intend to own or use for a long time, such as buildings, cars, and heavy machinery.

Key points

• Fixed assets appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, fixed assets is used to keep invoice and payment operations structured and auditable.