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28 Feb 2008
What is believed to be the first ever accounting system that calculates the size of a business's carbon footprint was unveiled by Access Accounting at the Softworld trade show yesterday.
The new technology has been developed with the help of DEFRA and the Carbon Trust and will allow users to account for their carbon emissions on a transaction-by-transaction basis.
By inputting details such as miles traveled for distribution teams and the amount of watts used on electricity bills alongside standard accounting entries, users will be able to measure the amount of carbon a business uses.
'When we looked at the means by which customers could easily and cost effectively measure carbon emissions, it was clear there was a lack of practical tools out there,' said Access Accounting managing director John Beech.
The new functionality will be standard with the Access Dimensions package at no extra cost.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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