Asset Management

Fixed assets are included as part of the operating pool. The G/L account should be coded as follows:

• For a single item that is more than $500, but less than $5000, use G/L range 551005 - 551065.
• For a single item that is more than $5000, use G/L range 570105 - 570165.

Any single item over $500 must be tagged. Please code these items correctly, or contact the Comptroller's Office to have the item tagged.  Accounting will enter and maintain the fixed asset in SAP.

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