Skip to main content

Fixed Assets

The Office of Procurement Services is responsible for the function of Fixed Assets. This is the procedure where certain goods, depending on purchase price and the nature of the item, are tagged and recorded as being University property. Pertinent information relating to these items is entered into the database for Morehead State University and reported as assets, some of which are depreciated in accordance with all proper reporting procedures. Once items have been inspected and determination is made that the item is in fact a "fixed asset", an inventory tag is affixed to the item and recorded. Items that meet the criteria for fixed assets should only be purchased through an online requisition.

Questions can be directed to the Office of Procurement Services at 606-783-2018.