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Fixed Assets The main purpose of Fixed Assets is to maintain a current Inventory Listing of all computers, as well as, all other assets valued over $1,000.00 located within the entire School System. The receiving, transferring and disposing of assets is routed through the Central Office from all individual departments and Schools for processing. GUIDELINES Under the General Fixed Asset Accounting Guidelines, there is a certain criteria that must be followed in order to be in compliance. These guidelines are outlined in the following: FORMS: ** Updated as of AUGUST 15, 2007. The forms below should be used for all LPSS equipment being used off of LPSS property, but especially for LAPTOPS which are almost always used off property.
EXAMPLES OF FIXED ASSET FORMS Please note the following are simply tools to help with the Fixed Asset Forms available above. (The signatures are not true signatures and the numbers are fictitious) Link to Example of Fixed Asset Forms
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