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What is a Fixed Asset Coordinator and why should a department select one?

April 26, 2017ASSET COORDINATOR Department fixed select

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What is a Fixed Asset Coordinator and why should a department select one?

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Each department is required to select an individual to serve as its Fixed Asset Coordinator. This person will not only be the contact for scheduling appointments but also will be in charge of maintaining departmental equipment records and conducting an annual physical inventory. Having a coordinator benefits the department. They ensure that accurate and current equipment records are maintained.