Get Osf Form Y-1: Infrastructure Assets - Ok

The OSF Form Y-1: Infrastructure Assets - Ok is a crucial document used for reporting infrastructure assets. This guide provides clear instructions on how to effectively complete the form online.

Follow the steps to accurately complete the form.

1. Click the ‘Get Form’ button to obtain the form and open it in the designated editor.
2. In the first section, complete the agency information. Provide your agency's name, CAFR code, and relevant fund/accounts details.
3. In the 'Prepared By' section, enter the employee's name, their title, and the finance officer or executive director's name and title. Include a contact phone number and the date of preparation.
4. Next, move to the 'Approved By' section. Fill in the approver's phone number, add their signature, and specify the date of approval.
5. For reportable infrastructure, round all balances to the nearest $1,000. Fill in the original cost, accumulated depreciation, and the net book value as these are essential financial data points.
6. Continue by completing the sections for prior year balances, adjustments, and current year additions and deletions. Ensure all values are accurate and reflect your organization’s financials.
7. Include any current year transfers with another agency and the current year depreciation. Calculate totals as required.
8. Finally, provide any additional comments in the designated section. Make sure all fields are complete to facilitate a smooth review process.
9. Once you have filled out the form, review all entries for accuracy. You can then save changes, download, print, or share the form as necessary.

Complete the OSF Form Y-1: Infrastructure Assets - Ok online today!