Capitalization Thresholds
The dollar amount that determines the proper financial reporting of the asset.
Capital vs Repair Determination
What is capital as opposed to what would be considered a repair and routine maintenance.
Inventorial Property List
What makes up inventory at Utah Tech University
Property Transfer, Disposal & Inventory
The University now has user-friendly software for asset custodians to use for transfers, disposals, and yearly inventory. Click on links below for tutorials and to login.
AssetWorks Tutorials
How to do an Internal Transfer
How to Create a Disposal Transaction
How to use the Transfer by Filter Option
Surplus
A situation in which the quantity of departmental inventory is more than the quantity required for a department.