Go to the link "Banner online security request form" at the below site.
If you receive the following message, "User is not authorized to query the entered fund/org", fill out the Banner Online Security form at the below site.
You will need to complete and submit a Banner Access form at http://www.middlebury.edu/offices/technology/banner/banneraccessrequest.
Hyperion requires your windows password (the one you first use to log into your computer each morning)
Hyperion queries requires your Banner password.
FOAPAL is an acronym used by Banner to describe the means in which financial data is organized.
Activity code, and
A tangible asset acquired, purchased, constructed, or donated for use in operations and not for investment or sale. Their useful life is longer than two years, they retain their individual identity throughout their useful life and meet the below thresholds.
Capitalization threshold for assets = $5,000 or greater. Capitalization threshold for land is $0.00.
You can request an electronic Journal Entry form by Contacting Business Office Administrator, Brenda Rowe at firstname.lastname@example.org.
The standard capitalization threshold for capitalizing assets has been established as $5,000 or greater. The only exception is land. The capitalization threshold for land is $0.00.
No. Costs associated with maintenance and repairs are expensed in the period incurred. Examples are; custodial services, repainting a room, fixing a leaky faucet, and replacing parts to an engine.
Assets that do not meet the monetary threshold listed in the fixed assets policy are expensed in the period incurred. Threshold is $5,000 or greater.
Depreciation is the annual charge to income that results from a systematic and rational allocation of cost over the life of the fixed asset. Depreciation normally begins when an asset is purchased or completed. If it is not placed into service immediately, depreciation begins when the asset starts to lose value.