Our client spent millions of dollars on over 1,500 projects globally and was behind on capitalizing them. The client needed a team of experienced accounts to validate all expenditures and capitalize them in the clients fixed asset system for tracking and correct tax computations.
Our Solution
Orion Solutions provided a team of highly experienced accountants who worked with the client accounting manager to prioritize the projects, work with engineering and purchasing, and track each asset’s progress to accurate entry into the client’s fixed asset system. Orion Solutions provided a team of five accountants, one who also functioned as a team lead to distribute work to our team and report back progress to the client manager and the accounting director.
Client Outcome
The team cleared the backlog and recommended improvements related to project initiation and purchase orders that were adopted by the client.
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