Difference between revisions of "Fixed Asset"
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(1) To ensure that all Fixed Assets have been registered by the Fixed Asset Officer correctly in E-Solusis Financial Accounting System | (1) To ensure that all Fixed Assets have been registered by the Fixed Asset Officer correctly in E-Solusis Financial Accounting System | ||
| − | (2) Fixed Asset Officer shall submit the relevant documents to | + | (2) Fixed Asset Officer shall submit the relevant documents to Accounts Assistant for confirmation in the system. |
(3) Relevant Documents (copies) : | (3) Relevant Documents (copies) : | ||
Revision as of 15:17, 23 August 2019
Checking and Updating Fixed Asset
(1) To ensure that all Fixed Assets have been registered by the Fixed Asset Officer correctly in E-Solusis Financial Accounting System
(2) Fixed Asset Officer shall submit the relevant documents to Accounts Assistant for confirmation in the system.
(3) Relevant Documents (copies) :
• Service Order • Supplier's invoice • Fixed Asset Receiving Form • Request for purchase/service Form • ICT Service Form
(4) Assistant Accountant shall confirm the registration of Fixed Assets in the system and file documents submitted by Fixed Asset Officer.
Financial Accounting System -Fixed Asset
(1) Fixed Asset Master Listing
Assets registered shall have appropriate Fixed Asset Numbers/Name in accordance with the correct Account Codes and type of Assets.
(2) Fixed Asset Allocation
Once payment has been made to the suppliers for assets purchased, Fixed Asset Allocation shall be done so that all purchases shall be recorded in the Fixed Asset Movement Report.
(3) Fixed Assets shall be depcreciated accordingly
Fixed Asset Report
Fixed Asset Movement Report shall be generated monthly according to type of assets registered.
