To disassemble or dismantle property to obtain useful parts for use on other property, thereby rendering the original property useless.
Capitalized Equipment is defined as real or personal property that has a unit acquisition cost equal to or greater than $5,000 and a useful life of at least one year or greater must be capitalized. The Accounting Services Office is required to record the property into the Central Financial System (CFS) data base as capital assets. Detailed guidelines on capitalization of assets are located in the CSU GAAP Reporting Manual Capital Asset Guide and are generally administered by the Accounting Services Office.
Definition of Equipment
All Equipment, capital or noncapital, is defined as tangible, non-consumable property with an acquisition cost of at least $500; has a normal useful life of at least one-year; is not permanently attached to or incorporated in University buildings and grounds; and is used to conduct University business.
Instructional Equipment is defined as equipment purchased for use in instructional departments. The Property Management Office (PMO) will maintain records to track and report required information to the University and State.
Non-Capitalized Equipment is defined as equipment purchased with University funds with a useful life of at least one-year and a unit acquisition cost (including applicable tax and freight) less than $4,999.
Other University Property
Other University Property is defined as desks, bookshelves, chairs, file cabinets, and other miscellaneous equipment and furniture that are not capitalized or entered into the Asset Management property recording system. Please note that all surplus property and equipment must be disposed of through the PMO, regardless if the property or equipment is maintained on the University's database.