|   May 17, 2024

Management of Assets

 

A system that manages the property owned by the University, which aims to know the value, inventory, operation, maintenance of the property and upgrading and activating it so as to achieve the best return for the University. The assets have the largest proportion of the University's capital. So, these assets are observed and protected to preserve the University's capital.

 

Importance of Asset Register:

• Knowing the amount of the asset present on the campus.

• Warranty details for each asset.

• The accounting market value of each asset.

• Knowing the use of the asset and the priority of its presence on the site.

• Maintenance or disposal of assets.

• Sale of assets.

• Percentage of consumption.