Why are Capital Asset requisition formats and instructions often different from requisitions I prepare for other funds?
Due to several unique characteristics associated with Capital Asset Accounting (i.e. the use of a sub-object code, the need to identify capital vs. non-capital items, the fact that capital project budgets usually span several fiscal years rather than being fully expended each fiscal year), the requisition process for property is different in many ways from the process used for other funds. Please review our Requisitioning Tips page prior to preparing a requisition involving land and land improvements, buildings and building improvements, furniture, fixtures, or equipment.
