Pyramid Component Accounting Datasheet

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Pyramid Component Accounting

Pyramid Component Accounting assists Social Housing Landlords in meeting the Statement of Recommended Practice and complying with the Financial Reporting Standard FRS102 by providing the tools necessary to:

  • Record all property components, either on a property by property or scheme basis
  • Record, amortise and reconcile grants
  • Maintain complete records of all depreciation, additions and disposal actions over the life of a property
  • Detailed reporting and complete audit trail

As components are replaced, they can be written off and a new component created to replace it. All financial entries for a component are retained in ledger form for the life of the property.