{"id":6320,"date":"2019-06-06T15:52:29","date_gmt":"2019-06-06T19:52:29","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?post_type=sage_glossary&#038;p=6320"},"modified":"2026-02-16T06:14:36","modified_gmt":"2026-02-16T11:14:36","slug":"what-are-zombie-ghost-assets","status":"publish","type":"sage_glossary","link":"https:\/\/www.sage.com\/en-us\/blog\/glossary\/what-are-zombie-ghost-assets\/","title":{"rendered":"What are zombie and ghost assets?"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/glossary\/\" class=\"entry-header__link\">Glossary definition<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tWhat are zombie and ghost assets?\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"What are zombie and ghost assets?\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/glossary\/what-are-zombie-ghost-assets\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-zombie-assets\">Zombie assets<\/h2>\n\n\n\n<p>Zombie assets are assets that exist within a company but were never added into a depreciation schedule on the company&#8217;s balance sheet.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ghosts-assets\">Ghosts assets<\/h2>\n\n\n\n<p>Ghost assets are those that are visible on the balance sheet but can&#8217;t be physically located.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>A business can easily <a href=\"https:\/\/www.sage.com\/en-us\/blog\/ten-cost-saving-opportunities-in-the-fixed-assets-lifecycle\/\">carry tens of thousands of dollars in untracked<\/a> assets if the asset lifecycle isn&#8217;t monitored closely or analyzed frequently.&nbsp; A <a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-fixed-assets\/\">fixed assets tracking solution<\/a> allows a business to dispose of, retire, and transfer assets easily.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zombie assets Zombie assets are assets that exist within a company but were never added into a depreciation schedule on the company&#8217;s balance sheet. Ghosts assets Ghost assets are those that are visible on the balance sheet but can&#8217;t be physically located. &nbsp; A business can easily carry tens of thousands of dollars in untracked [&hellip;]<\/p>\n","protected":false},"author":795,"featured_media":0,"template":"","meta":{"_sage_video":false,"footnotes":""},"tags":[382],"class_list":["post-6320","sage_glossary","type-sage_glossary","status-publish","hentry","tag-fixed-assets"],"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/sage_glossary\/6320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/sage_glossary"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/sage_glossary"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/795"}],"version-history":[{"count":1,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/sage_glossary\/6320\/revisions"}],"predecessor-version":[{"id":35606,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/sage_glossary\/6320\/revisions\/35606"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=6320"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=6320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}