SPA Process User’s Guide –
Chapter 7 – Transferring Property
Transferring Property from External to Internal Agencies
Note: External agencies are institutions of higher education not reporting to SPA. Internal agencies are all state agencies and those institutions of higher education using the SPA system or reporting to SPA via batch. Please refer to the Internal/External SPA Institutions of Higher Education List and notify your SPA analyst if your agency’s status is incorrect.
The External Transfer Out (PAPEXT) screen allows an external SPA agency to enter a transfer property into the SPA system for transfer to an internal SPA agency. This is an overnight transaction process. This process is not available in batch. Line one navigation is not available on this screen.
Note: See also Transferring or Receiving Property from External to External Agencies. Transfers between two external agencies cannot be entered into SPA.
Once receipt of a property in pending transfer is processed by the receiving agency (i.e., the transfer is complete), the successfully transferred property cannot be disposed in SPA as entered in error (DM27). If the property was successfully transferred in error, contact your SPA analyst for assistance.
Note: The sending agency will choose the effective date (also known as the transfer date or disposal date). For accounting purposes, this date will also be the effective date on the receiving agency’s records. The sending agency can update the effective date but only while the transfer is still pending.
Procedure (For External Agencies to Complete by Sept. 20)
- Access the External Transfer Out (PAPEXT) screen on the Main Menu (PAMENU).
- Verify the agency number in the
AGENCYfield. The SPA system automatically defaults to the user’s agency number. If data is maintained for more than one agency, a different agency number may be entered by typing over the system-generated number.
- Enter the property number in the
Note: If the error message Property/CPNT Exists, Press F9 to Delete appears, press F9 to delete the transaction and then enter the property number with a T as the first digit. For example, if the asset number is 0000000000, enter T000000000.
- Enter the component number in the
- Enter the receiving agency’s number in the
- Press Enter.
- Enter the in-service date in the
IN-SERVICE DATEfield in the MM-DD-YYYY format.
- Enter the transfer date in the
TRANSFER DATEfield in the MM-DD-YYYY format. The transfer date must correspond to the current/open fiscal year and the transfer date must be greater than the in-service date.
Note: Remember to assign the correct transfer date during the two-month period in SPA where both the Current Fiscal Year and the Prior Fiscal Year may be transacted (Sept. 3 to Oct. 20). See SPA Fiscal Year-End Close Process (FPP N.008) for valid effective dates.
- Enter the property description in the
- Enter the acquisition cost in the
Note: The system reads an entry of 100 as $100.00.
- Enter the proceeds from sale in the
PROCEEDS FROM SALEfield. (This field is optional.)
- Enter the class code in the
Note: This entry must be a valid code. For a list of valid class codes, reference Appendix A.
- Enter the useful life in the
USEFUL LIFEfield (must be greater than zero).
- Enter the residual percent in the
RESIDUAL %field. (Required, but defaults to the valid value of zero.)
- Enter the serial number in the
SERIAL #field. (This field is optional.)
- Enter a comment in the
COMMENTfield. (This field is optional.)
- Press Enter. The message Property Has Been Added is displayed.