Search results
Results from the WOW.Com Content Network
An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.
Together with New Philanthropy Capital, ACEVO developed and pioneered the case for Full Cost Recovery, which states that third sector organisations should cost their work robustly, including a relevant share of overheads and "core costs", and that the funding they receive from government should be sustainable. [3]
The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Under this system, the capitalized cost (basis) of tangible property is recovered over a specified life by annual deductions for depreciation. The lives are specified broadly in the Internal Revenue Code.
Created Date: 9/15/2015 7:01:27 PM
With stabilized rates, gains or losses in operations may occur as a result of variations in program execution. To maintain full cost recovery and thereby to break even over the long term, NWCF activities generally adjust their rates each year to reflect such realized gains and losses.
The Accelerated Cost Recovery System (ACRS) was a major component of the Act and was amended in 1986 to become the Modified Accelerated Cost Recovery System. [1] [20] The system changed how depreciation deductions are allowed for tax purposes. The assets were placed into categories: 3, 5, 10, or 15 years of life. [21]
True Cost Accounting (TCA) is an accounting approach that measures and values the hidden impacts of economic activities on the environment, society and health. TCA is also referred to as full cost accounting (FCA) or “multiple capital accounting (MCA)”. [ 1 ]
A simple example is the electricity bill for a large complex that is then divided up among the tenants. Water, natural gas, cleaning and other operating expenses are often considered recoverable, as well as some periodic capital expenses. Not all expenses are recoverable, those that directly benefit only the landlord are generally not included.