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Property Accounting

The department of Property Accounting is responsible for the accounting controls, records, operations, and reporting for all moveable capital equipment.  Capital equipment, known as assets, can be identified with inventory tags or having an original acquisition value greater than $5,000.  An inventory of capitalized moveable assets is performed and maintained by Property Accounting staff with departmental cooperation.  The disposal of equipment acquired through the University by purchase, lease, donation, loan, etc... must have prior approval from Property Accounting.