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How should agencies account for computers that they have transferred to schools and educational nonprofit organizations?

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Agency personal property managers should maintain records in accordance with internal agency procedures. Within 90 days of the end of each fiscal year, agencies report to GSA excess property provided to nonfederal recipients — such as schools and educational nonprofit organizations. This report (interagency report control number 0154-GSA-AN) should list computer equipment by type, by component or system, quantity, original acquisition cost, fair market value and provide totals. Identify the recipient by name, city, and state. If all agency transactions are conducted via the CFL website, GSAXcess® will automatically generate the CFL portion of your report.

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