BIQ & Assets

BIQ provides for the following accounting standards:
   o   Grap 17   - Property, Plant and Equipment
   o   Grap 27   - Biological assets
   o   Grap 103 - Heritage assets
   o   Grap 102 - Intangible assets
   o   Grap 16   - Investment properties
   o   Grap 100 - Non current assets held for sale

Extensive description structure with:
   o   Accounting standard
   o   Main group
   o   Sub group
   o   Component group
   o   Description group
   o   Features

Scan verification via:
   o   Notebook with complete information
   o   Location verification via cellphone

Component accounting in linked subledgers for:
   o   Component cost
   o   Revaluation adjustment
   o   Fai value adjustment

Useful life expenditure accounting for :
   o   Depreciation on cost
   o   Depreciation on revaluation
   o   Amortization on fair value
   o   Impairment

Assets at component level

Location

Usage

Useful life

Component accounting

Useful life expenditure

​BIQ & Assets

BIQ & Assets