ELFS provides Capital Accounting services utlising Real Asset Management software ranging from asset register management and capital charges forecasting to advice on complex capital accounting issues.
- Fixed Asset register maintenance and updates (including additions, disposals, transfers, relifes and revaluations)
- Monthly reporting from the Fixed Asset register – including additions lists, disposal lists, asset lists
- Reconciliation between the Fixed Asset register and the General Ledger on a monthly basis
- General Ledger postings for Fixed Asset movements
- Depreciation forecasts and estimates reporting
- Construction Industry Tax administration and HMRC returns
- Monitoring capital expenditure against capital resource limit
- Production of expenditure reports on individual capital schemes and distribution to scheme holders on a monthly basis
- Liaison with internal and external auditors providing information when required
