{"id":12238,"date":"2014-03-26T10:30:05","date_gmt":"2014-03-26T14:30:05","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/the-importance-of-an-asset-list-to-your-certified-machinery-and-equipment-appraisal\/"},"modified":"2022-12-01T06:02:39","modified_gmt":"2022-12-01T11:02:39","slug":"the-importance-of-an-asset-list-to-your-certified-machinery-and-equipment-appraisal","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-importance-of-an-asset-list-to-your-certified-machinery-and-equipment-appraisal\/","title":{"rendered":"The Importance of an Asset List to Your Certified Machinery and Equipment Appraisal"},"content":{"rendered":"

As a small business owner, it\u2019s likely that you\u2019ll need an appraisal at some point in the life of your business, whether you\u2019re selling it, trying to get a loan, or unloading used equipment. When you hire an appraiser, it is helpful to provide him or her with a complete list of the machinery and equipment the appraiser will be working with.<\/p>\n

If you\u2019re hiring an appraiser for one of the above reasons, you\u2019ll have enough going on that compiling that list will seem like a lot of work. The alternative is updating the list of all your machinery and equipment on a regular basis. You might update it as equipment comes in or goes out, or you might choose one month every year to update your list.<\/p>\n

Keep in mind that an asset list is not the same as a depreciation schedule. An asset list should contain all of the information an appraiser needs to properly value your equipment. Make sure to include the following information about each piece of machinery on your list:<\/p>\n