Capital Asset Management Year-End Reminders

Mar 29 2017

Capital Asset Management

As we approach the fiscal year end, keep the following in mind:

  • No asset merges, separates, transfers, or retirements should be processed between June 30 and July 31 for year-end closing. These transactions create issues with the asset reconciliation. Please process after August 1, 2016.

  • Asset retirement e-Docs must be in “final” status by June 30.

  • On July 1, Financial Analysis will disable the ARG (Asset Retirement Global) reasons and disapprove all retirement e-docs still enroute.

  • Any additional Lease Purchase payments need to be requested by June 20. Contact Keven Lewis at 884-6154 or lewiskev@msu.edu.