Fiscal Operations Manual
Section 200: Revenue (Internal)
Effective: 01/01/2003
Revised: 03/10/2016



Please see current Fiscal Policy Manual for current policies


Surplus Property falls under OSU Finance and Administration within Business Affairs.  This unit handles sales of surplus furniture, equipment, and supplies. Internal income comes from sales to OSU departments where no cash is received.

As a Service Center, Surplus Property takes a percentage of the sales for their services.  The remainder of the proceeds is forwarded to OSU departments.  All sale proceeds disbursements take place at the end of each month during the month-end closing process.  When the sale is an internal sale within OSU, the selling unit receives a service credit (internal sales reimbursement) rather than a distribution of revenue/cash.