System Business Officers

Library Books Capitalization and Disposal

  • 1.  Library Books Capitalization and Disposal

    Posted 01-31-2019 03:14 PM

    We are in the process of reviewing our library book capitalization and disposal.  

    We are researching the following information:

    • How are other schools disposing library books?
    • If a library inventory is completed, what information does the library provide to the finance area?
    • Do other schools capitalize or expense their library books?   

    We appreciate your assistance. 

    Monica Booker
    Manager of Fixed Asset Accounting
    University of Richmond