Safeguard Fixed Assets

Activites: 

  • Properly safeguard fixed assets by creating a secure environment
  • Prevent unauthorized acquisition
  • Oversee physical inventory procedures
  • Follow University fixed asset disposition procedures
  • Timely submission of property loss notice
  • Timely submission of Asset Activity Transmittal forms to the Property Office to identify asset located changes
  • Tag capitalized equipment appropriately

Timing:  As needed

Contacts:

  • Property Office
  • Cost Accounting Department within General Accounting
  • Risk Management

Resources:

Templates:  Property management forms at http://fisops.wayne.edu/accounting/property/forms.php