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My old boss told me to always keep a paper copy of the depreciation schedule. He was right.
Back when I started at the firm in 2016, our manager, Carl, made us print a full copy of the fixed asset register for our main client, Henderson Manufacturing, every quarter. I thought it was a huge waste of time. Then last month, their server crashed during year-end, and the digital file was corrupted for two days. That paper binder saved us about 15 hours of panic. Anyone else have a dumb old rule that actually saved them?
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lilyb2712d ago
Okay but "saved us about 15 hours of panic." Is that really a huge deal? A server crash is a one off thing. Most places have backups. Cloud storage is cheap. Sounds like a band aid for a bigger IT problem they never fixed.
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sarah_brown12d ago
Wait, you printed the whole fixed asset register every single quarter? That's wild. I would have complained about the paper waste too. But yeah, you can't argue with results like that.
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