Non-Capitalized Equipment

Section 2.2 CSU Fullerton Asset Management Policy Manual

 

The following procedure shall be adhered to when non-capitalized equipment meets the following minimum criteria:

  1. Non-Capitalized Equipment:
    1. University police firearms,
    2. Vehicles (including General use mobile equipment per ICSUAM 5303.200 Commodities with Special Purchasing Requirements),
    3. All federally funded equipment (see Sponsored Programs ICSUAM 11005.100 Equipment and Property Management Policy for more instructions on federally funded equipment).
  2. If non-capitalized equipment meets the above criteria then the corresponding department must contact and coordinate with the Asset Management Office for tagging and inventory purposes. Once the equipment has been received and removed from packaging and is ready for tagging please contact:
    1. Asset Management Office:
  3. Non-capitalized equipment deemed to be trackable must be recorded in the campus defined property inventory records but not included in the campus’ GAAP financial statements.