|
The trigger for this event is an updated materiel asset record. The Update Asset Record process updates asset records with information based on a change to the quantity, condition or interest or ownership of an asset. For personal property this includes, but is not limited to, actions such as purchase, transfer, make, issuance, repair and overhaul, return, sale or disposal. The value of a personal property asset is recorded in the inventory or accountability system upon interim or final acceptance. Information provided by the inventory or accountability system includes but is not limited to valuation information, asset specifications, status of asset, ownership and other non-financial data. |