FA500-B - Capital Assets Acquisition Summary Report - General FA Account Group

Report Name
Capital Assets Acquisition Summary Report - General FA Account Group
C-FA-CAPITAL-Asset-Reports

XPTR Report Group
FA500-B CAP ACQUISTION

Frequency
End of month

Records/Retention Requirement
ITEM 42917. Capital Assets Acquisition Summary Report - General FA Account Group (C-FA-CAPITAL-ASSETS-REPORTS). Fixed asset activity.

Disposition Instructions: Destroy year-end reports after 5 years and upon release from all audits.

Use
This report gives summary totals that can be used to reconcile additions of capitalized items to the general ledger.

Content
This report is an active asset file listing that only lists totals for the number of assets and acquisition costs of assets greater than or equal to $5000.

Totals
The report gives totals for number of assets and asset acquisition cost by control, fund, group, and General FA Account Group.