DPA Resources

Definition of Capital Equipment
Equipment with an acquisition cost of $5,000 or more (or bulk threshold of 25 or more of the same item, on same requisition, costing greater than or equal to $400/item, in total greater than or equal to $10,000, and is not part of a sponsored project) and useful life of more than one year. Acquisition cost is the vendor's invoice price of the equipment including sales tax, less any cash trade discounts and educational allowances, and includes the cost of initial installation (excluding in-house labor), and any freight, modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for which it is acquired. Prior to 9/1/03, freight was captured in separate codes.

If your department has received any donations of equipment that need to be booked into the property system . You must forward the information to your PSR as soon as possible.  Donation information received after August 15th will certainly not be able to be booked in the current fiscal year.  Remember, there are several departments involved in the handling of donation financial transactions, and adequate time is necessary for the information to flow through all of the proper channels.

Please forward your donation information now - contact Victoria Vargas at 5-7574.