Effective Saturday, July 1, 2023, the University will discontinue the use of object codes 5750 (Materials Fabrication - UA Owned) and 5751 (Materials Fabrication - Non-UA Owned). This will streamline the process of accounting for fabricated and deliverable assets. These object codes were used for fabrication material and component purchases with a per-unit cost of less than $5,000.
Effective fiscal year 2024, University-owned fabrication purchases of all values will be charged to their corresponding capital object codes (7610 – 7730) while sponsor deliverable purchases of all values will be charged to object code 7760 (Capital Equipment - Other Owned).
All fiscal year 2023 purchases on object codes 5750 and 5751 will be processed through Monday, July 10, 2023, with no adjustment. Beginning Monday, July 17, 2023, any unintended use of these object codes will require correction using General Error Correction or Distribution of Income of Expense documents.
Any questions regarding these changes may be directed to FNSV-PropertyManagement@arizona.edu.