Handbook of Business Procedures
February 17, 2005
February 17, 2012
16.3.3. TRADE-IN OF EQUIPMENT
When equipment is traded in on new equipment, a description of the item to be traded in, including the inventory number, shall be shown in the requisition for each purchase of new equipment. The same information shall appear on the purchase voucher. Before an item of equipment is relinquished, the inventory number plate must be removed and included on a completed Inventory Removal Request (IRR) formand sent to Inventory Services, K5300. The trade-in value of the relinquished property will be added to the new item(s) acquired.