Issue Date: 1995-10-25
Revised Date: 2002-09-01

Object Type

Cash — Capital Outlay

Reference

Specific definitions for capitalized, controlled and expensed asset classifications are located in the SPA Process Users Guide.

Description

To record payment for the purchase of boats, boat motors, and boat trailers whose total cost is equal to or greater than $5,000.

Expenditure code 7365 includes, but is NOT limited to:

  • Boat (purchase) capitalized
  • Boat Motor (purchase) capitalized
  • Boat Trailer (purchase) capitalized

Note

The following must be included if directly related to the acquisition of the asset:

  • Freight/delivery service

USAS Values

Appropriation Year 20
USAS Title PERSONAL PROPERTY-BOATS-CAPITALIZE
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 13 – CAPITAL OUTLAY