Orange County NC Website
Drange County <br />Needs Assessment Project <br />Page 47 <br /> Inte rnal Prior ities <br />23 Current Value X <br />24 Cost/Capitalized Value X <br />25 Depreciation, Life-to-Date X <br />26 Depreciation, year-to-date X <br />27 Parent/Child Descriptions and Asset Numbers X <br />28 Purchase Order Number X <br />29 Acquisition Method (purchase/donated) X <br />30 Vendor Name and ID Number X <br />31 Description (brand, model, and manufacturer of asset) X <br />32 Check Number and Date X <br />33 Serial Number X <br />34 License Number X <br />35 Maintains on-line history of asset transactions, including: X <br />36 Location changes X <br />37 Financial account code changes X <br />38 Date of last depreciation adjustment X <br />39 ccommodates free-form descriptive text to describe each <br /> axed asset which is electronically associated with the master X <br /> ile. <br />40 bility to record and report asset replacement information, <br /> <br />including: X <br />41 Expected Useful Life (years, mileage, cycles, etc.) X <br />42 Date of Expected Replacement X <br />43 Current Asset Book Value X <br />44 Anticipated Asset Value at Time of Replacement X <br />45 bility to accommodate up to a 20-digit asset number. X <br />46 bility to accommodate parent/child relationships between <br /> related assets, such as a master unit with one or more X <br /> ccessories. <br />47 bility to determine depreciation schedule by property type. X <br />48 bility to record the useful life and the asset life in months. X <br />49 bility to change value for betterments which will automatically <br /> <br />djust the depreciation schedule. X <br />50 Disposition of fixed assets automatically post gains or losses to <br /> he general ledger. X <br />51 Fixed Assets Detail and Summary lists by: X <br />52 -Department X <br />53 -Fund/General Ledger Account X <br />54 -Responsible Person X <br />55 -Asset Type X <br />56 -Locations X <br />57 -Associated Cost X <br />58 -Accumulated Depreciation X <br />59 Schedule of Current Years Depreciation associated with each <br /> sset. X <br />