Veri Asset adapts to your reporting framework: Modified Cash Standard for national and provincial entities, and GRAP for South African municipalities and metros.
SETAs, statutory bodies, and government departments. The asset register, depreciation defaults, and disclosure templates follow the Modified Cash Standard prescribed by the National Treasury Office of the Accountant-General.
Local government entities operating under the MFMA and reporting on GRAP. Asset classes include Land, Buildings, Roads & Stormwater, Water Reticulation, Community Halls, Plant & Machinery, and the usual ICT / Furniture / Vehicles classes.
Multi-tenant by design: customers running both reporting frameworks across a group can switch frameworks per entity rather than running parallel systems.