Fixed Asset Accounting

Fixed Asset Accounting is responsible for keeping accurate, up-to-date records of items purchased for the college and the location of these items purchased. These inventory data records are used to:

• Establish the proof of purchase.
• Describe how capital equipment money is spent.
• Justify annual reports.
• Accurately and effectively verify purchases.
• Record annual depreciation.
• Help the college borrow money at a low interest rate.

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Fixed Asset Accounting
414-297-6706