How fixed assets are capitalized and accounted for will determine a company's Financial Income, Insurance Premiums, Federal and State Income Tax, Real and Personal Property Tax and has a continual impact on Cash Flow and ROI.
General Financial (GenFi) is the premier firm focused on the Financial and Tax Management of Fixed Assets. GenFi understands the impact a client's Fixed Asset Management processes have on all aspects of financial and tax reporting. We bring knowledge and expertise to bear on behalf of our clients to construct and establish customized and current Fixed Asset Management Solutions that will Increase Income, Cash Flow and ROI.
Our Fixed Asset Management Division employs cutting-edge technology for designing, installing and implementing Fixed Asset Management Solutions, customized to the needs of each client. The “lynchpin” of our solution is the customized inventory processes we bring to our clients in providing state-of-the-art Fixed Asset Management. Unlike most fixed asset inventory and management companies, GenFi works with the client to create, install and implement a perpetual process that is prospectively managed by the client. As part of our Fixed Asset Management Solutions process, GenFi will conform the fixed asset ledger to be in compliance with International Financial Reporting Standards (IFRS).
Our Compliance Division provides a state-of-the-art compliance process with respect to Personal Property Tax Compliance and Audit Management and Business License and Permit Compliance and Management Services. Our products and services can and will be customized to the specific needs and requirements of each client. We design and implement the most accurate, cost-effective process for our clients. The number of locations for our current client base ranges from 20 to 5,000. This is made possible by the enhanced utilization of the software provided by Tax Compliance, Inc. (TCI) for these services.
Our two divisions complement each other; both are focused on the financial management and taxation of fixed assets and creating solutions that will Reduce Taxes and Insurance Premiums and Increase Income, Cash Flow and ROI. GenFi annually provides our clients with a SSAE-16 Report.
The professionals at GenFi specialize in:
Fixed Asset Management Services -
- Fixed Asset Management Solutions
- Unique Inventory Solutions - Retail and Service Industries
- Unique Barcode Solutions - Manufacturing Industry
- Insurable Value Report
- Real Estate Tax Valuations
- Commercial - Industrial - Residential
Compliance Services -
- Personal Property Tax Compliance
- Business License and Permit Management