Knowledge Building for Property Management. December 2005. Property Management Learning Objectives . Policy Overview Definition of Property Asset Property Management System Roles in Managing Property Assets Lifecycle of a Property Asset Depreciation Inventory Process
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*Acquisition date is generally last day of the month the item was paid and not the date it was delivered or placed in service.
* Refer to specific terms and conditions of grant/contract as property may convert to University ownership after completion of grant/contract.
xx0-xxxx-x-xxxxxx-5602-xxxx-xxxx (Sale amount)
xx0-xxxx-x-xxxxxx-2111-xxxx-xxxx (Sales Tax 7%)
Book Value = Acquisition Cost – Accumulated Depreciation