,

Fixed Assets Control – SOP

4.88

To establish a standard method of accounting for the Hotel’s fixed assets and the responsibility for their care and security.

Objective:

To establish a standard method of accounting for the Hotel’s fixed assets and the responsibility for their care and security.

“…Whenever there is any physical movement of a fixed asset, from one location to another in the same department, or a transfer between departments, the Department Heads concerned must notify the Accounts Department so that the record can be updated…”


Details:

Department : Finance / Accounting
Who is it for: Financial Controller, Chief Accountant
Document Type: SOP
Level of Detail / Difficulty: Concise / Intermediate
Involved Skills: Accounting, Inventory Management, Risk Management, Bookkeeping, Asset Valuation, Asset Tracking

File Format: Word (.docx)
Word Count: 1,445
Print Length: 05 Pages
File Size: 31 KB

Language: English
Editable: Yes
Ready to Print: Yes

Document Cart
Scroll to Top