• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Housing Technology logo

Housing Technology

Housing | IT | Telecoms | Business | Ecology

  • Free Subscription
  • Search Archive
  • Home
  • Research
  • Magazine
  • Events
  • Recruitment
  • Blog
  • On Demand
  • Contact
Home / Magazine Articles / Camphill Village Trust signs up RAM for component accounting

Camphill Village Trust signs up RAM for component accounting

Camphill Village Trust is using Real Asset Management’s fixed asset software to improve the financial reporting for its 300 properties and implement component accounting under SORP guidelines.

In future, the charity’s asset register will increase from 300 to almost 2,500 records under component accounting for which depreciation calculations and detailed reporting will be needed.

Balbinder Lally, central financial controller, Camphill Village Trust, said, “Even managing our small number of property assets on a spreadsheet had become time consuming and its limitations for analysis and reporting were apparent. Although as a charity we are not yet forced to comply with SORP requirements, we were keen to follow best practice and to get our accounts, processes and procedures up to date in preparation for meeting any future regulations.

“The new system will let us adopt component accounting with the peace of mind that all data is recorded in a central location and, most importantly, that the depreciation on each component is being calculated correctly and that all financial reporting is accurate.”

Used alongside its exising finance system, Sage 50, RAM’s software will give CVT the facility to create user-defined fields for comprehensive searching and analysis as well as the ability to produce instant analysis reports in accordance with SORP for past, present and future periods.

See More On:

  • Vendor: Real Asset Management
  • Housing Association: Camphill Village Trust
  • Topic: Finance Management
  • Publication Date: 051 - May 2016
  • Type: News

Primary Sidebar

Most Recent Articles

  • Free cyber-defence tools from NCSC
  • Learning from history
  • Grand Union Housing gets connected with Aico HomeLink
  • The silences in the system: Predicting and preventing damp and mould
  • Looking back and to the future: Cyberthreats in social housing
  • Hyde signs repairs contract with Totalmobile
  • Fuelling high performance automation
  • Morgan Sindall’s Carbon Zero decarbonisation tool
  • An ethical approach to arrears
  • Housing and the ever-evolving workplace
  • Supporting residents with home safety risks
  • Less innovation & more service design at RHP
  • Ateb Group outsources IT help desks to Central Networks
  • Capital Letters partners with Evo Digital to tackle homelessness
  • Calico appoints M247 for digital transformation
  • 24/7 care requires 24/7 technology
  • Govtech trends for 2023
  • Are you ready for business process automation?
  • Lincoln council moves to the cloud with Civica
  • Why do IT business improvement projects fail?
  • Flagship and Ebrik launch augmented reality app
  • Following the golden thread
  • Setting the standard for carbon-monoxide protection
  • The business case for data
  • Digital twins – When, not if…
  • Using data to build communities
  • The cyber-security jigsaw’s missing piece – Managed detection & response
  • Cyber-security challenges in housing
  • Digitalising retrofits with SHDF & HomeLink
  • Tips for improving care and support

Footer

Housing Technology
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
  • Contact
  • Free Subscription
  • Book an event
  • Blog
  • Search All Articles
  • Research
  • Update Your Subscription
  • Privacy Policy

Welcome to the housing Technology – Trusted Information For Business Professionals in HOusing

Housing Technology is the leading technology information service for the UK housing sector and local governments. We have always believed in the fundamental importance of how the UK’s social housing providers use technology to improve their tenants’ lives.

Subscribe to Housing Technology to gain market-leading research, unsurpassed peer networking opportunities and a greater understanding of your role to transform your business.

Copyright © The Intelligent Business Company 2022 | Terms and Conditions | Privacy Policy
Housing Technology is published by the The Intelligent Business Company. A company with limited liability. Registered in England No. 4958057 | Vat Registion No. 833 0069 55.

Registered Business Address: Hoppingwood Farm, Robin Hood Way, London, SW20 0AB | Telephone: +44 (0) 20 8336 2293

htc23 pop banner