"Chapter 9: Overview of Accounting Systems"
Author: Degenhart, Raymond
Published In: Facilities Management: A Manual for Plant Administration, second edition
Date: 1989
For the physical plant department, the primary purpose of accounting and reporting is to account for resources received and used, rather than for determining profits. Describes purpose of fund accounting and reporting, cost accounting and reporting, and types of plant fund accounting systems. Appendices include glossary of financial terms and examples from the University of Northern Colorado of guidelines for use of repair and replacement funds and construction project request/authorization form.
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