The University has literally thousands of assets, and it is important to be able to track their use and management.
You will need to login as a student or staff member through Pheme to access many of these pages and their sub-pages.
UWA uses PeopleSoft Financials as its financial management software – including Asset Management.
The Asset Management Module:
- contains asset information such as location, asset IDs, categories, cost and depreciation
- creates journal entries for such actions as asset acquisitions, depreciation and retirements that interface with the General Ledger module
- includes processes such as bar coding and inventory reports to assist users with maintaining physical inventory.
- Motor vehicles
- There are specific arrangements in place and policy advice for the use of University vehicles.
- Assets and capital expenditure
- This section details the University’s responsibilities relating to the financial management of assets and capital expenditure.
- Asset definition
- All University assets should be recorded to provide meaningful, consistent and accurate details on the University’s asset base for financial reporting and management purposes.
- Accounting for assets
- UWA uses an asset management system to ensure the accurate and timely recognition and recording of assets.
- Asset control
- A purchased item is regarded as an asset if it costs $5000 or more and is not of a consumable nature
- Asset management reports
- Asset management reports are accessible from PeopleSoft, UWA's financial management software.
- Asset management forms
- Use these forms when recording a number of activities associated with UWA assets
- Attractive items
- As the name suggests, these are items with an attractive nature, such as mobile phones, laptops, video cameras and projectors.
Back to top
- A purchased item is regarded as an asset if: It costs $5000 or more (GST exclusive) and is not of a consumable nature (for example, servers, lab equipment, and machinery).