Optimizing Capital Accounting and Benchmarking Processes
Enhance your capital accounting and benchmarking strategies with insights on systems detail ledger, fixed assets budgeting, and more. Review various notes on system efficiencies, asset disposals, and organizational developments to drive operational improvements.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Systems Detail Ledger: Oracle (NEP) Stand Alone Systems SLR / PLICS : Budgeting Fixed Assets: RAM Automated Processes Employee Self Serve Manager Self Serve Outsourced Services: Provided Services: Payroll: In House Expenses: Organisation Contact Lead Details:
Organisation Organisation Name: Completed By: Date:
Notes: Various versions and no specific review date Currently reviewing this locally on excel for input into RAM Please drag the marker to indicate organisation level achieved against each question
Notes: Linked to C1
Notes: Shared on g drive Include on hyperlink summary Update on intranet
Notes: Stand alone systems Clear reconciliation process - monthly
Notes: Clear ledger codes Clear asset classes in RAM Identified to divisions and locations Not linked to verification All depreciation posted centrally by site
Notes: Access medical physics system for disposals Additions added and reconciled Developing process for IT disposals Laptops and desktops added but require serial numbers Problematic areas hoists and furniture Disposal policy supplies linked to capital No consistent disposal form
Notes: No work undertaken not finance driven Mazars haven t pursued this All medical equipment is RFID tagged Medical physics hold equipment information develop and cross reference Arrange meeting Medical Physics Need to decide on RAM / CARS
Notes: Clarify existing process with Medical Physics Active RFID tags on medical equipment
Notes: Calculated in RAM Identified asset class included in addition
Notes: Linked to C6 Existing process for medical equipment No standard form Included in SFI supplies responsibility
Notes: NEP development of capital reporting Spend and commits automated from NEP (PFI manual) confirmation in RAM from manual additions Developing KPI / Metrics for 21/22 Define Spend and Verification We can develop self service reports
Notes: We have spend and committed shared users excel Profiling of schemes not completed Need raise as an issue linked to ICS best, worse and most likely reporting from M5 Need to review against the initial plan and determining whether we update during the year Chase scheme leads for an update for second half of year M6, M9 and active engagement for final quarter
Published February 2019 https://www.gov.uk/government/publications/finance- global-design-principles
Denotes similar module in maturity toolkit model
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_datahttps://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data /file/838121/Global_Design_Principles_Handbook__interactive__v1.3.pdf
