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How to fill out the Ad107 online
Filling out the Ad107, also known as the report of transfer or other disposition of property, is a crucial process for documenting the transfer, loan, sale, or donation of personal property. This guide provides step-by-step instructions on how to accurately complete the form online, ensuring you meet all requirements effectively.
Follow the steps to complete the Ad107 online.
- Click ‘Get Form’ button to obtain the Ad107 form and open it in the editor.
- Begin by selecting the type of transaction from the options provided: transfer, sale, trade-in, donation, or construction. Ensure you report each type separately as required.
- Enter the date of the transaction accurately. This should reflect when the transfer or disposal is taking place.
- Fill in the authorization reference, which may refer to specific approvals or directives related to this transaction, if applicable.
- Indicate the proceeds received from the transaction, if any, in the designated field. This may include any monetary amounts associated with the sale or trade-in.
- In the reporting agency section, enter the name of your agency along with your organizational unit and relevant contact details.
- For the receiving agency or purchaser, input their organizational unit, as well as the location and signature of the authorized person.
- List the property items being reported. Include all necessary details such as quantity, item description, serial numbers, inventory values, and condition codes.
- Ensure completion of certifications by the property officer and fiscal officer. Both should sign and date the form, confirming that necessary entries have been made to adjust property records and accounting records.
- Review the Ad107 for completeness and accuracy. Save your changes, then proceed to download or print the form, or share it electronically as required.
Complete your Ad107 form online to ensure efficient property management and compliance.
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