Global Positioning Systems Class Code 5857 – DVD/CD/VCR/DVR/Blue Ray Systems Class Code 5850 – Plasma or LCD Screen Televisions Class Code 5858 – Departmental Tracking of Assets between $500 and $5,000 OSU Asset Management, with the assistance of OSU Information Technology, has made the SCT Fixed Asset system functional as a departmental means of tracking assets between $500 and $5,000. Departments can use the same screens as the Asset Management Staff does daily to develop an internal tracking systems for those items that are not capitalized in Fixed Assets. The difference that will separate what Asset Management does versus what a department can do is that departmental entry WILL NOT update the financial statements of the University.
Global Positioning Systems – Class Code 5857 DVD/CD/VCR/DVR/Blue Ray Systems – Class Code 5850 Plasma or LCD Screen Televisions – Class Code 5858 Departmental Tracking of Assets between $500 and $5,000 OSU Asset Management, with the assistance of OSU Information Technology, has made the SCT Fixed Asset system functional as a departmental means of tracking assets between $500 and $5,000. Departments can use the same screens as the Asset Management Staff does daily to develop an internal tracking systems for those items that are not capitalized in Fixed Assets. The difference that will separate what Asset Management does versus what a department can do is that departmental entry WILL NOT update the financial statements of the University.
Fixed_Assets_Handbook.docx