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OBJECT CODES
Equipment:
Non-consumable property that is owned or received by A&M-Commerce.
The three areas of concern are capitalized, controlled and non-controlled.
Policy: Asset value must be recorded at the actual cost of the asset plus all costs required when placing the
asset into service,
such as freight and other related professional expenditures incurred in
the purchase of the item.
Remember " UNIT COST
" when determining your object code!!
8400-8479
CAPITALIZED Object codes specified for equipment
with a unit cost of $ 5,000 or more with a
useful life of at least
one-year must be recorded as a capital asset in FFX.
|
8410 |
Motor Vehicles-Passenger Cars |
Cost $5,000+ |
| 8415 |
Motor Vehicles-Other |
Cost $5,000+ |
| 8420 |
Classroom Teaching Aids |
Cost $5,000+ |
| 8421 |
Office Furnishings and Equipment |
Cost $5,000+ |
| 8422 |
Medical, Science & Lab Equipment |
Cost $5,000+ |
| 8423 |
Specimens and Collections |
Cost $5,000+ |
| 8424 |
Other Institutional Furnishings and Equipment |
Cost $5,000+ |
| 8425 |
Shop and Industrial Equipment |
Cost $5,000+ |
| 8426 |
Marine Equipment |
Cost $5,000+ |
| 8430 |
Purchase of Aircraft |
Cost $5,000+ |
| 8435 |
Computers and Related Equipment |
Cost $5,000+ |
| 8440 |
Computer Software |
Cost $5,000+ |
| 8445 |
Telecommunications - Equipment |
Cost $5,000+ |
| 8450 |
Fabrication of Equipment |
Cost $5,000+ |
Code ranges for specific capital purchases Other Than Equipment:
The following are object codes that should
be used for the processing of major projects.
Please contact
Property Management if you have any questions concerning the use of these
codes.
8001-8099 Land
8100-8299 Buildings
8200-8299 Improvements Other Thank Buildings
8300-8349 Leasehold Improvements
8700-8799 Construction In Progress
5775-5799
CONTROLLED
In addition, A&M-Commerce is required by the state to control certain items
with a unit cost more than
$ 500 but less than $ 5,000.00.
These items are considered to be highly susceptible to theft or misuse. These items are controlled in
the FFX system, but are not recorded as a capital asset. Object codes 5775-5799 are for controlled items. Examples of controlled equipment
are computers, printers, projectors, etc. Please note that firearms are always controlled regardless of cost.
A specific list of these assets
are provided below. Note:
These codes are
NOT for consumable purchases.
| 5775 |
Firearms (Handguns/Rifles) |
Cost $ 0 - $4,999 |
| 5777 |
FAX Machines |
Cost $ 500 -
$4,999 |
| 5780 |
Stereo Systems |
Cost $ 500 -
$4,999 |
| 5781 |
Cameras |
Cost $ 500 -
$4,999 |
| 5782 |
VCR's and Television |
Cost $ 500 -
$4,999 |
| 5783 |
Projectors (Agency
Controlled) |
Cost $ 500 - $4,999 |
| 5785 |
Cash Registers (Agency
Controlled) |
Cost $ 0 -
$4,999 |
| 5787 |
Computers and
Microcomputers |
Cost $ 500 - $4,999 |
| 5788 |
Printers (for computers) |
Cost $ 500 -
$4,999 |
| 5797 |
Scanners-Agency Controlled |
Cost $ 500 - $4,999 |
5750-5774 NON-CONTROLLED Furnishings & Equipment
FAMIS object codes 5710-5745 no longer exist.
FAMIS object codes 5750-5774 are specified for non-controlled equipment with a
unit cost of $ 0 to $ 4,999.00.
The below category offers object codes for specific items with specific
amounts.
Only apply these objects when the description fits. Check
object codes for consumable purchases if necessary.
| 5750
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Office Furniture & Equipment
|
Cost $0 -
$4,999
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| 5751
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Medical & Lab Equipment
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Cost $0 -
$4,999
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| 5752
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Institutional Furniture & Equipment
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Cost $0 -
$4,999
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| 5753
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Shop and Industrial Equipment
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Cost $0 -
$4,999
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| 5754
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Marine Equipment
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Cost $0 -
$4,999
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| 5755
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Uniforms & Clothing
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Cost $0 -
$4,999
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| 5760
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PC Equip/External Add On/Peripherals
(Not CPU)
|
Cost $0 -
$4,999
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| 5761
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Computer Software
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Cost $0 -
$4,999
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| 5765
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Educational Books, Film & Ref
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Cost $0 -
$4,999
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| 5770
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Telecom-Equip Purchase
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Cost $0 -
$4,999
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| 5772 |
Fabrication of Equip
|
Cost $0 -
$4,999
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4000-4899 CONSUMABLE Supplies and
Other Materials
Object codes for consumable supplies and other
material purchased can be found in this object code range.
Please do not hesitate to e-mail your
questions.
Jennifer_Perry@tamu-commerce.edu
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