PPT-Fixed Asset Management & Control

Dec 2010 What is a fixed asset It is an asset with a useful life of over one year owned amp used by a project to achieve its stated objectives Examples are Photocopier Computer Furniture. Asset Classification. Capital Assets. Cost greater than $5,000. Use an expense account code 63xxx. Minor Equipment. Cost greater than $1,000 but less than $5,000. Use expense account code 62238. Sensitive Equipment. . Joshua Brockwell, Investment Communications Director. 1. The following presentation is the copyright of Azzad Asset Management, Inc. Any unauthorized broadcasting, public performance, copying, or re-recording will constitute an infringement of copyright. . What is the N9G Tool Box?. The N9G tool box provides the field with helpful information on a wide range of subjects.. The tool box provides information to CNIC Regions & Installations; keeping them “audit-ready” at all times.. What is Asset Management?. Answers. :. What do we own. ?. What is it worth?. Where is it?. What kind of shape is it in?. What are the maintenance/operational costs?. When do we need a new one. ?. Allows for informed decision making. . Controller’s Office. Capital Assets. Governing Standards. Office of the State Controller. University of North Carolina Finance Improvements and Transformation Project (UNCFIT). 2. To maintain and control the university’s inventory records. SAP-Enterprise Asset Management (EAM) Plant Maintenance Building Deputy Role Create a world class administrative foundation worthy of a world class institution Project goal 2 SAP Moduals 3 Process re-engineering State Accounting Business User Group (BUG) Thursday, May 23, 2019 9:00 AM – 11:00 AM 1526 K Street basement, Training Room/Development Center Agenda Announcements General Announcements Use AS.State FILE: DIDA Page 1 of 2 This MSAD #11 Policy establishes the minimum cost value (capitalization amount) that shall be used to determine the capital assets, including infrastructure assets, that a Asset Classification. Capital Assets. Cost greater than $5,000. Use an expense account code 63xxx. Minor Equipment. Cost greater than $1,000 but less than $5,000. Use expense account code 62238. Sensitive Equipment. Scenario Overview. Confirming Goods and Services Receipts. Processing Purchase Orders. Scenario . Explorer. Open Legend. Scenario Description. Click process . chevrons for details. Returning Goods. Processing Supplier Invoices. Sabra Sand – Clark College, Director of Business Services. Lori Carambot – Walla Walla Community College, Director of Special Fiscal . Services. Guides and Policies. Fiscal Affairs Manual 40.20. Business User Group (BUG) Meeting – Post CAFR. Agenda. 2. Announcements/Introductions. What is a CAFR?. Overview of CAFR process. Timeline of CAFR process. Accrual Responses. Fixed Assets. Received Not Vouchered. Outline. Overview – . What’s it all about?. Asset Management is to meet the agreed level of service, in the most cost-effective manner, through the management of assets for present and future customers.. Meanings. Depreciation. Obsolescence. Fluctuation. Causes of Depreciation. Difference between Depreciation, obsolescence and Fluctuation. Depreciation:. Depreciation. It is a gradual deterioration or decrease in the value of asset after using that...