UK charity implements component accounting software to meet SORP/FRS 102 requirements

Wednesday, 04 May 2016

Camphill Village Trust (CVT) has selected Real Asset Management’s (RAM) fixed asset software to improve the financial reporting for its 300+ properties. Driven by the decision to implement component accounting under SORP guidelines, the charity recognised the need to move away from its current spreadsheet based system and invest in a specialist solution to confidently manage the increase in assets as a result of componentisation.

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RAM supports the Maypole Project

Tuesday, 05 April 2016

The Maypole Project is a small charity based in Orpington, they provide a lifeline of support for children with complex medical needs and their whole family.

Fundraising Manager Amy Kellaway of the Maypole Project said "As a small, local charity, the support of Real Asset Management will have a huge impact upon us. It costs us £750 to support a child with life threatening, life limiting illnesses and their families every year across South East London. Our aim is to provide a service with the qualities that families have told us they need: understanding, confidential, professional, empowering, easy to access, flexible and ongoing.

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St George's C of E Academy takes control of its asset base with accounting and tracking software

Tuesday, 23 February 2016

St George’s Church of England Academy has selected Real Asset Management’s (RAM) fixed asset accounting and tracking solution to record, monitor and track its 800+ asset base in line with the requirements of the Academies Financial Handbook. The new system will replace a range of disparate, outdated paper files to enable the academy to collate all of its data into a centralised asset register.

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Quick Reach selects capital and lease accounting software from Real Asset Management to streamline processes and improve financial reporting

Tuesday, 02 February 2016

Quick Reach, an innovative powered access company, has selected Real Asset Management’s capital and lease accounting software to manage the depreciation and payment schedules for its asset base worth £5.5 million. The new software will replace its current multiple spreadsheet based process which had become not only onerous to maintain, but lacked the financial reporting capability required and ran the risk of file corruption.

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Abertay Housing Association selects FRS 102 compliant component accounting software to ease the task of meeting future financial regulations

Wednesday, 02 December 2015

Scotland based Abertay Housing Association has chosen to implement component accounting software from Real Asset Management (RAM) to ensure compliance with FRS 102/SORP and remain ahead of the game in meeting future audit requirements. The new software system will replace its current multiple spreadsheet based process and the increased manual effort required to control and manage its £24 million asset base.

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