Equipment Management will then override the object code and clear the Capital Asset Tab. Fixed equipment would go in as a Modify Existing System with the dummy asset number, 572308, and a note explaining why it is not inventorial. For repair parts for $5,000, use commodity code REPAIR02 for the hardware and REPAIR01 for the labor.
Inventory lab vs outright manual#
Per Accounting Manual P-415-2, Section B, the capitalized cost of an asset includes the following: the per unit value of the asset (less any discounts taken), accessories needed to make the equipment usable, installation, freight, taxes, fees, and insurance costs to cover the equipment while in transit.What expenses can I include along with the item to exceed the $5,000 threshold? Use one or more of the search fields available on the screen. How do I search CAMS for existing equipment?.The practical applications are to: 1) identify the item if the asset decal is missing and 2) be able to distinguish similar items from one another." "Per UCOP policy BUS-29, Section III.B.7 this information must be added to the asset record.
Inventory lab vs outright serial number#
Why is it so important that the make, model and serial number be in the asset record?.The UCOP tag # is a 9 or 11-digit # assigned per UCOP policy. The asset # is a 6-digit, KFS-generated ID number.How is the asset # different than the UCOP tag #?.For example, 20193000012 is the year 2019, for the Davis campus, and it's the 12th asset for calendar year 2019. First two or four digits are the year, next two represent campus, and the remainder is what # asset for that calendar year.If it's off campus, leave the On Campus section blank and fill in the Off Campus section. If it's on campus, use SPCL for building code and 0100 for the room number.If your question is about KFS documents or error messages, contact I have an item that will be outside. If your question is specific to equipment, contact or call a member of the EQ team.
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