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Procurement & Support Services
Property Accounting Procedure
 

Areas of Responsibility


 A. The Property Office is located within the Materials Management Department, and is 
      responsible for the State property inventory of California State University San Marcos.
 
   Responsibilities include:
 
    1. Maintain accurate accounting of the acquisition, control and disposition of property.

    2. Maintain up-to-date property records and initiate all actions necessary to properly
        carry out its function with respect to property.

    3. Reconcile to financial accounting records of all capitalized equipment and
        expenditures as reported in official university financial statements. Notify Fiscal
        Operations of any variances or changes needed.

    4. Tag all capitalized property in a timely manner with a Cal State San Marcos
         bar-coded identification number. The property remains so identified as long as it
         is in the custody of the university. Assigned property numbers are removed only by
         the Property Office and only when property is sold, scrapped, or otherwise disposed.
         Should the identification number be accidentally or mistakenly removed, notify the
         Property Office. Any additional identification used by a department should be applied
         in a manner that avoids confusion with the state property number.

    5. Solicit Deans, Directors, and Chairs to appoint a Departmental Property Administrator
        (see Section IIB).

    6. Propose the disposition of non-capitalized university property. Relocate or propose the
        disposition of items in one of the following ways:
 
            a. transfer between Cal State San Marcos departments.

            b. donate to public schools or charitable organizations.

            c. dispose of useable property at surplus auction.

            d. dispose of unusable property through the university Recycling and Waste 
                Management Program and/or Risk Management.
 
    7. Propose the disposition of all capitalized university property to the Property Survey Board
        (see Section VII).
 
B. Departmental Property Administrators are designated by a Dean, Director or Chair.
 
    Responsibilities include:
 
     1. Maintain up-to-date departmental records and initiate such actions necessary to fully
         inform the Property Office with respect to the care, custody and records involving said
         property.

     2. Conduct, in conjunction with the Property Office, an inventory of the department a
         minimum of once every three years.

     3. Promptly report any loss of property to the University Police.
 

 

 

   

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