Component Accounting Features
Designed for Social Housing
Keystone is uniquely placed to provide a housing sector centric solution for component accounting, built on its extensive experience in managing housing assets and capital works as well as harnessing information resulting from field based surveys. Keystone Component Accounting has a wealth of industry specific functions and all of its screens and reports have been designed solely to meet the requirements of the housing sector. By building an industry specific solution rather than a generic one, Keystone enables organisations to meet the Component Accounting requirements with less effort, virtually no learning curve and low on-going cost. Add-in our sector-renowned implementation service and Keystone leaves you best place to continue with business as usual and looking after your clients.
| Property Records |
Property Class |
Fixed or Current |
|
Property Status |
Under Construction |
| |
Under Management |
| No longer under Mgmt |
| Property Categories |
General Needs |
| |
Supported Housing |
| Shared Ownership |
| Leasehold |
| Managed by Others |
| Asset Status |
Being Depreciated |
|
| |
Not Depreciated |
|
| Sold |
|
| Replaced |
|
| Written Off |
|
| Replaced by Split |
|
| Asset Events |
Acquisition |
|
| |
Disposal |
|
| Replacement |
|
| Transfer in/out |
|
| Revaluation |
|
| Impairment |
|
| Split |
|
| Auditing and Audit Trail |
|
|
| Scheme Records |
|
|
| Grants |
Social Housing Grant |
|
| |
Grant Tranche Management |
|
| Grant in Advance Management |
|
| Donations |
|
| Income Generating Units |
Impairment Reviews |
|
| |
EUV-SH records |
|
| Subsidies |
Internal |
|
| |
External |
|
| Depreciation |
Straight line |
|
| |
Reducing Balance |
|
| Variable Rate |
|
| Interfaces/Integration |
Asset Management Integration |
|
| |
Planned Maintenance Integration |
|
| General Ledger Interfaces |
|
| Reports |
Balance Sheet |
|
|
Profit and Loss |
|
| Depreciation |
|
| Property |
|
| Scheme and EUV-SH |
|
| Impairments |
|
| Grants, Subsides and Donations |
|
Asset Management Integration
Keystone Component Accounting is not a separate standalone application with a requirement for additional interfacing. Rather it has been built into the existing Keystone products thereby extending the current data set and leveraging the organisation’s existing and comprehensive data as well as its existing business processes. By expanding what is already a property condition rich environment into the field of Component Accounting and by leveraging the existing integration with the various Keystone modules, Keystone Component Accounting results in the most comprehensive integrated solution and the richest data set to the organisation.
Features
A Keystone article on Component Accounting has recently been published in the NHMF Bulletin 2011 - to read this article, click here.
Keystone Component Accounting has also been featured in Housing Technology Magazine - May 2011 edition. To read, click here.