Founded
in 1971, Bed Bath & Beyond Inc. is a nationwide chain
of superstores selling predominantly better quality domestics
merchandise and home furnishings. The Company's over 470
stores principally range in size from 30,000 to 50,000
square feet, with some stores exceeding 80,000 square feet.
Bed Bath & Beyond combines superior service and a huge
selection of items at everyday low prices within a constantly
evolving shopping environment that has proven to be both
fun and exciting for customers.
With this many locations and tens of
thousands of assets, Bed Bath & Beyond required a
robust fixed assets solution. Bassets delivered with
superior functionality to handle
both tax and general ledger depreciation calculations.
The system was installed, their existing data was converted
and tied out to the general ledger in 5 business days.
“We discovered that the Bassets Fixed Asset System
was the most flexible in terms of an out-of-the-box product.” ,
said George Elefther
Director Real Estate Accounting
