{"id":12,"date":"2019-12-06T01:56:00","date_gmt":"2019-12-06T01:56:00","guid":{"rendered":"https:\/\/www.furman.edu\/finance-administration\/?page_id=12"},"modified":"2020-01-15T15:19:38","modified_gmt":"2020-01-15T15:19:38","slug":"fixed-assets","status":"publish","type":"page","link":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/budget-resource-management\/fixed-assets\/","title":{"rendered":"Fixed Assets"},"content":{"rendered":"<p>A fixed asset is something you buy today that will benefit you tomorrow.<\/p>\n<h2>What Needs to be Capitalized?<\/h2>\n<div>\n<ul>\n<li>Equipment\/furnishing purchases $5,000 and up (per unit) that has a useful life of\u00a03 years or more.<\/li>\n<li>Also includes software licenses, motor vehicles, and golf carts<\/li>\n<li>Capital construction projects including:<\/li>\n<li>New Buildings<\/li>\n<li>Building renovations that modify the building structure, change its intended use,\u00a0and\/or increases the useful life of the building<\/li>\n<li>Campus land improvements<\/li>\n<\/ul>\n<h3>Capital Object Codes<\/h3>\n<table>\n<thead><\/thead>\n<tbody>\n<tr>\n<td>71197<\/td>\n<td>Building remodeling<\/td>\n<\/tr>\n<tr>\n<td>71198<\/td>\n<td>Minor\u00a0construction<\/td>\n<\/tr>\n<tr>\n<td>71210<\/td>\n<td>Books, periodicals, and media<\/td>\n<\/tr>\n<tr>\n<td>71220<\/td>\n<td>Books and periodicals-special<\/td>\n<\/tr>\n<tr>\n<td>71391<\/td>\n<td>Research equipment<\/td>\n<\/tr>\n<tr>\n<td>71392<\/td>\n<td>General instructional equipment<\/td>\n<\/tr>\n<tr>\n<td>71393<\/td>\n<td>General office machinery and\u00a0equipment<\/td>\n<\/tr>\n<tr>\n<td>71394<\/td>\n<td>General furniture and furnishings<\/td>\n<\/tr>\n<tr>\n<td>71395<\/td>\n<td>Motor vehicles<\/td>\n<\/tr>\n<tr>\n<td>71396<\/td>\n<td>Machinery and tools<\/td>\n<\/tr>\n<tr>\n<td>71397<\/td>\n<td>Golf carts<\/td>\n<\/tr>\n<tr>\n<td>71398<\/td>\n<td>Security\/surveillance systems<\/td>\n<\/tr>\n<tr>\n<td>71399<\/td>\n<td>Portable\u00a0equipment<\/td>\n<\/tr>\n<tr>\n<td>71492<\/td>\n<td>Information\u00a0tech. instructional<\/td>\n<\/tr>\n<tr>\n<td>71493<\/td>\n<td>Information tech office machinery &amp; equipment<\/td>\n<\/tr>\n<tr>\n<td>71494<\/td>\n<td>Capitalizable software<\/td>\n<\/tr>\n<tr>\n<td>71495<\/td>\n<td>Information tech network equipment<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(Links won&#8217;t work)<\/p>\n<\/div>\n<div><a class=\"ApplyClass\" href=\"http:\/\/www2.furman.edu\/sites\/businessaffairs\/budgetservices\/Documents\/Fixed%20Asset%20Addition%20Request.xlsx\">Click Here<\/a>\u00a0for Fixed Asset Addition Request Form<br \/>\nThe following forms are only used by Facility Services Project Managers.<a class=\"ApplyClass\" href=\"http:\/\/www2.furman.edu\/sites\/businessaffairs\/budgetservices\/Documents\/Capital%20Project%20Request.xlsx\">Click Here<\/a> for Capital Project Request Form<br \/>\n<a href=\"http:\/\/www2.furman.edu\/sites\/businessaffairs\/budgetservices\/Documents\/Capital%20Project%20Change%20Request.xlsx\">Click Here<\/a> for Capital Project Change Request Form<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A fixed asset is something you buy today that will benefit you tomorrow. What Needs to be Capitalized? Equipment\/furnishing purchases $5,000 and up (per unit) that has a useful life of\u00a03 years or more. Also includes software licenses, motor vehicles, and golf carts Capital construction projects including: New Buildings Building renovations that modify the building [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":8,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-12","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/pages\/12","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/comments?post=12"}],"version-history":[{"count":0,"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/pages\/12\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/pages\/8"}],"wp:attachment":[{"href":"https:\/\/www.furman.edu\/offices-services\/finance-administration\/wp-json\/wp\/v2\/media?parent=12"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}