Business Assets for Accounting Purpose

Business Assets for Accounting Purpose

    Many companies establish and grow as a single owner business. However, when the time comes to expand the business which requires a new venture or even applies for collateral loans. Any transaction in the form of business is necessary to have the asset list to be referenced to the related organizations for example machinery, production line equipment, office equipment, inventory, raw material, supplies, computer software, license software, computer program, buildings and constructions on land decoration, etc. Regarding the new law and regulation under Business Security Act BE 2558, it allows business collateral which is the asset within the organization for loans by registering as guarantor with the collateral receiver through the collateral registration system of the Ministry of Commerce. Therefore, making asset list preparation service together with the property valuation is necessary when it comes to business expansion, Road Show, collateral loans or business matching.

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