Accounting and Reporting
Asset Management
Asset Management handles accounting and inventory for all USF-owned fixed assets. A fixed asset is defined as a tangible asset, such as furniture, fixtures and equipment with a cost of $5,000 or more and a useful life of one year or more. Capitalization thresholds and responsibilities are set forth by the 51在线 SUS Board of Governors.
Asset Inventory
Additionally, the asset inventory staff is responsible for the physical inventory of all university fixed assets. To facilitate this process, the university community is divided into eight inventory groups. The asset office publishes an inventory schedule for all groups. The staff also identifies and tags all new capitalized university equipment.
Transfer and Relief Request Documentation
These are the forms to initiate actions within the Asset Management process. To use this process, whether as a submitter or an approver, you must have the INQUIRER security role. If you do not have the INQUIRER role you will need to submit a security request. The FAST security request form is located on the University Controller's Website: About UCO > Forms > Access: FAST Security and Workflow.