Best Practices.docVIP免费

HACKETTBESTPRACTICESRESEARCH(www.thehackettgroup.com)FinanceFixedAssetsBestPracticesSingle,commonfixed-assetapplicationestablishedwithstandardcapitalizationpoliciesDepreciationchargesandassetactivitypostedautomaticallytogeneralledgerFixedassetssetupautomaticallybasedondataaccumulatedincapitalprojecttrackingsystemManagementandaccountingreportsavailableforviewingonlineusingaWeb-basedapplicationFixed-assetsystemcapableofperformingperiodicfixedasset,taxandinsuranceplanningandanalysisSystemlinkedautomaticallytocorporatetaxandinsurancesystemsSimplified,workflow-enabledonlineapplicationinplaceforassettransfers,disposals,retirements,trackingsurplusassetsandmanagingwarranty/repaircontractsGainorlossanddisposalproceedsbookedautomaticallythroughfixedassetsFixedassetsinventoriedroutinelyonacycle-countbasistargetinghigh-value,high-riskandhighlymobileassetsusingbar-codeand/orradiofrequencyscannersBar-codedassettagsgeneratedautomaticallyandphysicallyattachedbysupplieroruponreceiptStandardizedpolicyfordepreciationlifeforfutureassetpurchasesMaximizereturnonassetsbyfindingattractivedispositionopportunitiesorincreasingassetutilizationSellunderperformingassetsthatcannotbeusedUtilizeelectronicmarketplacesforassetdispositionProvideassetinformationtoeveryonewithinanorganizationviaacorporateintranet,tofacilitatetheutilizationofassetsSystemtrackslease,insurance,licenseandothercontractualobligationinformationOneapprovalhierarchyforcapitalappropriationrequestsMobilecommunication/trackingconnectingmobilevehiclesandfixedassetsites,i.e.GPSStandardvaluationorappraisalprocess.FinanceFixedAssetsQuickWinsRaisecapitalizationlimittohighestlevelpermittedbytaxauthorityAdoptsingle-approvalchartforcapitalappropriations,includingblanket-levelcapitalauthorizationforsmall-valueandroutineassetsEstablishWeb-basedintranetsiteforpublishingsurplusassetsUtilizee-mailoraWeb-basedapplicationforprocessingandapprovingassettransfersStandardizedepreciationmethodsbetweenbookandtax,wherepermittedCapitalizefixedassetsastheyareputintoservice,ratherthanwaitinguntilyear-endTrackleases(capitalizedandoperational)andintangibleassets/amortizationinthefixed-assetsystemFinanceFixedAssetsPerformanceMetricsTheaveragebillion-dollarcompany...has6.7staffmembersforeverymanagerutilizes1.4applicationsforthisprocessuseswebtechnologyprimarilyforinquiriesbylocationmanagers/employeestracks63,475assetsannuallytags31%ofitsassetsAverageIstQuartileCostAsA%OfRevenue0.013%0.008%FTEs/$Billion2.391.74Transactions/FTE26,59434,088Cost/Transaction$2.09$1.30FinanceProjectAccountingBestPracticesProjectsapprovedinthecapitalbudgetsetupinasingle,commonprojecttrackingsystemAutomatedcapitalprojecttrackingapplicationintegratedwithpurchasing,accountspayable,engineering/laborandinventory/storesapplicationsfortrackingpurchasedandconstructedassetsCapitalrequestsformajorprojectsroutedviaworkflowprocessforapprovals;small-dollarorroutinepurchasespreviouslyapprovedinthecapitalbudgetrequirenoadditionalapprovaltobeginAssetclassificationcode,detailandnumber/identifiercapturedinthepurchaserequisition/purchaseorderPurchaseordersvalidatedautomaticallyagainstcommitments/expendituresSupplierautomaticallygeneratesandattachesareadablebar-codeassettag,oritisattachedinreceivingAutomaticexceptionreportsproduceda...