How are assets tagged? Assets are identified by Asset Management based on examination of vouchers, purchase orders, and invoices. Once a payment voucher is...
How is asset cost determined? The Cost of an Asset is determined based on supporting documentation of the assets value. Assets which are purchased are...
What is the criteria for tagging and capitalizing equipment? The main criteria used for determining whether an asset should be tagged is as follows: Items with a cost of...
Where do I verify various asset information? The Print an Asset option is the quickest method to verify asset information, such as: Description Status Serial number Vehicle...
Why am I required to dispose of assets through the surplus process? As is required per State Regulations, all assets, capital or non-capital, purchased by a State entity, must be disposed of...