Management

Each School/Administrative Unit is responsible for maintaining the accuracy of its asset records in the PeopleSoft Asset Management System.

Transferring Assets

When transferring an asset to a different responsibility centre, the details must be changed in the PeopleSoft Asset Management System. Recording a change in responsibility centre is vital for leased assets because it will ensure the correct allocation of lease charges. All asset transfers must be approved by the finance officers in both the transferring department and the receiving department.