iTCCS Asset Management allows accurate accounting of the district's inventory items which include land, buildings, furniture, and equipment. The system assigns responsibility for the custody and use of these items and permits the district to hold organizations, divisions, and individuals accountable for such items charged to their responsibility.
The system also provides current information on the quantity, location, age, life expectancy, and depreciation based on GASB 34 requirements of the assets. Fields can be updated via an online processing function or through bar code scanning. The system contains fields for all mandates as specified in the Financial Accountability Resource Guide as well as additional fields that may be used by the district.
Asset Management Features
Audit listings
Catalog and item numbering system
Deletion of items by status function
Depreciation of capital assets
End of year rollover
Inquiry by serial number, PO, and room number
Inventory check in and check out
Master file status report
Multiple item inquiry with multiple category selection and sort criteria
