[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-393435-105":53,"doc-detail-393435-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","fixed-assets-handbook-quick-guide-to-the-fixed-assets-initiative-november-4-2022","Fixed Assets Handbook - Quick Guide to the Fixed Assets Initiative - November 4 2022","","Fixed Assets Handbook provides a quick guide to implementing the Fixed Assets Initiative, organized as an end-to-end workflow across three phases. It explains the purpose, rollout plan, and why assets must be depreciated, including how to distinguish capital purchases from repair expenses. The guide details capitalization principles, a CIP committee process, inventory and useful-life steps, depreciation and maintenance procedures, disposal planning, and funding. It also covers fixed asset valuations, historical cost research, accounting codes, sub-account naming conventions, recording examples, and fixed-asset tracking preparation.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/fixed-assets-handbook-quick-guide-to-the-fixed-assets-initiative-november-4-2022/393435/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/fixed-assets-handbook-quick-guide-to-the-fixed-assets-initiative-november-4-2022/393435.png","ImageObject",442,249,{"name":88,"@type":89},"Fans","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-11-02","2026-09-26",true,{"@type":98,"interactionType":99,"userInteractionCount":8},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the Fixed Assets Initiative and how is it rolled out?","Question",{"text":108,"@type":109},"The document describes a rollout plan that runs through Phase I (Capital Improvement Plan), Phase II (Fixed Asset Valuations), and Phase III (tracking fixed assets via a ParishSOFT module and spreadsheet).","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Why should organizations depreciate fixed assets?",{"text":113,"@type":109},"The handbook includes a dedicated section, “Why Depreciate?”, explaining the rationale and linking depreciation to proper budgeting and accounting treatment.",{"name":115,"@type":106,"acceptedAnswer":116},"How do I distinguish a capital purchase from a repair expense?",{"text":117,"@type":109},"The guide provides rules under “How do I distinguish a Capital purchase versus a Repair expense?” and includes a checklist for capital purchase versus repair & maintenance expense decisions.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},393435,1791406256,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":8,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":141},5909892330395,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","Fixed Assets Handbook  \nQuick Guide to the Fixed Assets Initiative  \nNovember 4 , 2022  \nContents  \nFixed Assets Initiative Overview ................................................................................................................... 6  \nPurpose ..................................................................................................................................................... 6  \nSummary ................................................................................................................................................... 6  \nBackground ............................................................................................................................................... 6  \nRollout Plan ............................................................................................................................................... 7  \nPhase I – Capital Improvement Plan ..................................................................................................... 7  \nPhase II – Fixed Asset Valuations .......................................................................................................... 7  \nPhase III – ParishSOFT Fixed Asset Module and Fixed Assets Spreadsheet.......................................... 8  \nWhy Depreciate?....................................................................................................................................... 8  \nHow do I distinguish a Capital purchase versus a Repair expense? ......................................................... 9  \nGeneral Principle of Capitalization........................................................................................................ 9  \nCapital Purchase vs Repair & Maintenance Expense Checklist .......................................................... 10  \nPhase I -Capital Improvement Plan (CIP) ................................................................................................... 11  \nCapitalization Policy ................................................................................................................................ 11  \nCIP Committee ........................................................................................................................................ 13  \nStep \\#1 Inventory .................................................................................................................................... 13  \nStep \\#2 Useful Life .................................................................................................................................. 16  \nStep \\#3: Depreciate................................................................................................................................. 18  \nStep \\#4: Maintain .................................................................................................................................... 19  \nStep \\#5: Dispose ...................................................................................................................................... 21  \nStep \\#6: Plan .......................................................................................................................................... 22  \nStep \\#7: Fund ......................................................................................................................................... 23  \nPhase II – Fixed Asset Valuations ................................................................................................................ 24  \nResearch Historical Costs of Fixed Assets ............................................................................................... 24  \nDepreciation............................................................................................................................................ 24  \nExample of Benefits of Budgeting for Depreciation ........................................................................... 25  \nAdding, Adj","cbCaicw9jiPE5YHJ","https://ap.wps.com/l/cbCaicw9jiPE5YHJ","pdf",1989168,91,"English","# Fixed Assets Initiative Overview\n## Purpose\n## Summary\n## Background\n## Rollout Plan\n## Phase I – Capital Improvement Plan\n## Phase II – Fixed Asset Valuations\n## Phase III – ParishSOFT Fixed Asset Module and Fixed Assets Spreadsheet\n## Why Depreciate?\n## Distinguish a Capital purchase versus a Repair expense?\n## General Principle of Capitalization\n## Capital Purchase vs Repair & Maintenance Expense Checklist\n# Phase I - Capital Improvement Plan (CIP)\n## Capitalization Policy\n## CIP Committee\n## Step #1 Inventory\n## Step #2 Useful Life\n## Step #3: Depreciate\n## Step #4: Maintain\n## Step #5: Dispose\n## Step #6: Plan\n## Step #7: Fund\n# Phase II – Fixed Asset Valuations\n## Research Historical Costs of Fixed Assets\n## Depreciation\n## Example of Benefits of Budgeting for Depreciation\n## Adding, Adjusting and Removing Fixed Assets\n## Fixed Asset and corresponding Accumulated Depreciation Account Codes\n## Fixed Asset Sub-Account Naming Conventions\n## Recording Fixed Assets\n## Recording examples (cash, contribution, loan, capital campaign, existing assets, revalued assets, disposal, standard depreciation, catch-up)\n# Phase III-Tracking Fixed Assets\n## Set Expectations\n## Preparing for the Fixed Asset Inventory","[{\"question\":\"What is the Fixed Assets Initiative and how is it rolled out?\",\"answer\":\"The document describes a rollout plan that runs through Phase I (Capital Improvement Plan), Phase II (Fixed Asset Valuations), and Phase III (tracking fixed assets via a ParishSOFT module and spreadsheet).\"},{\"question\":\"Why should organizations depreciate fixed assets?\",\"answer\":\"The handbook includes a dedicated section, “Why Depreciate?”, explaining the rationale and linking depreciation to proper budgeting and accounting treatment.\"},{\"question\":\"How do I distinguish a capital purchase from a repair expense?\",\"answer\":\"The guide provides rules under “How do I distinguish a Capital purchase versus a Repair expense?” and includes a checklist for capital purchase versus repair \\u0026 maintenance expense decisions.\"}]","Fixed Assets Handbook - Quick Guide to the Fixed Assets Initiative - November 4 2022 | PDF",1790386343,32]