Capital Assets Policy and Procedure Manual


The Manual defines capital asset criteria and covers policies and procedures related to maintaining the Asset Manual module in SFS with capital asset transactions such as:

  • Acquiring
  • Declaring Surplus
  • Transferring
  • Retirement
  • Modification of information
  • Impairment
  • Physical Inventory


Who is this manual for? 
  • State agency staff who are responsible for monitoring and reporting capital asset activity (particularly “Property Control Managers” and “Purchasing Unit Personnel”)
  • OSC staff
  • Outside auditors who perform annual audits