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Orange County <br />Needs Assessment Project <br />Page 14 <br />Issue 2: Purchases of fixed assets aze currently selected and tracked based on the General <br />Ledger account number. only, which is only .one component of the fixed asset policy. The <br />current system maintains little. flexibility regarding how fixed assets aze tracked, <br />necessitating that certain fixed asset categories be tracked manually. The maintenance of <br />qualitative asset information such as in-service dates and custom descriptions requires the <br />utilization of manual records. Integration between the accounts payable, general ledger <br />and fixed asset systems would allow far the automated collection of all desired asset <br />information. <br />