Hotel Finance – Removal of Fixed Asset – SOP

      FI 023: Removal of Fixed Asset


      To establish a procedure to ensure that all removals of fixed assets from the Hotel, either on a temporary or permanent basis, are properly documented.

      “…No fixed assets are to be removed from the Hotel without the written approval of the General Manger and Hotel Financial Controller/Chief Accountant…”


      File Size: 24 KB
      File Format: Word
      Print Length: 01 page
      Publication Date: November 14, 2016
      Language: English
      Editable: Yes

      The finance (sometimes called accounting) department function is recording financial transactions, preparing and interpreting financial statements and providing management with timely report and operating results.