Holiday Closure
CU System Administration, the OUC, and FSS Help will be closed on Monday, May 26, in honor of Memorial Day. We will reopen Tuesday, May 27, for normal business hours.
Effective Date: 4/3/2018
Purpose:
Used to account for System Administration capital assets upon purchase, transfer, or disposal. Also used to update information associated with current System Administration capital assets.
A capital asset is property - including equipment, software, remodels, and renovations - that has an expected useful life of more than one year and a unit cost of $5,000 or more.
Related Resource:
Accounting Handbook: Capital Assets procedures
Download the form:
